Berkshire Hathaway has 52,657,000 in Property Plant and Equipment. However, they don't have one dollar in depreciation expenses. What's up with this?
How is it that BRK has PP&E but no depreciation expenses?
Jan 21, 2010
6 Replies
First reply
I believe it still must be reported for the purposes of calculating the income statement. It is not a "loss", but an expense that can be amortized over time under law. Here's another guess: everything is fully depreciated already? Or reported as an expense without amortizing…
Read the full replyWild-ass guess: Depreciation is a tax issue. It is not a real loss.
Vito
I believe it still must be reported for the purposes of calculating the income statement. It is not a "loss", but an expense that can be amortized over time under law.
Here's another guess: everything is fully depreciated already? Or reported as an expense without amortizing it? What's the deal with all these questions? Don't you realize that the whole "system" is just a fraud designed to steal the working man's labor?
2.7182818284590... wrote
Presumably its almost all property/real estate etc which is not depreciable.
Bill Reid wrote on 1/20/10 11:42 PM:
Is this "Crazy Bob" MBA????
Very good answer. I didn't think of that. This is why you're a value- added member of sci.econ and other newsgroups. However, some times, you make snarky and anti-intellectual comments. Thanks.
2.7182818284590... wrote
I piss on bullshit and lies from a great height.
No problem.
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