ECO MOD 2 CA Essay Example | Topics and Well Written Essays - 500 words

ECO MOD 2 CA - render ExampleThis was mainly due to the impairment charges of 973mn related to ex-Armor Holdings business.BAE The last-place operating cash flow has a mixed trend declining by 17.9% in 2008 and then growing by 9.1% in 2009. This is due to the community facing difficulties in generating winnings income from its operations.Upon examination of none 12 to balance sheet for the year end 2009 it could be suggested that the machinery and other equipment recorded at historical cost of CHF677.9mn and accumulated depreciation is CHF477.7mn may not be reflective of the current market values as the depreciation amount is quite high school that suggests long history of these equipments in use. Similar, reasoning could be made for other non-current assets that have a net book value of CHF53.4mn as compared to their historical value of CHF223.2mn (Sulzer 2009).Balance sheet of year ended 2009 reflects that the lodge has plant, rental machines and other property at historical cost of $39,596 with accumulated depreciation of $25,431. Under bankers bill H to consolidated financial statement detail of assets suggest that the company has land, building and other equipment hitherto they are not distinguished on the basis of their remaining useful lives and no other details are provided (IBM 2009). Accumulated depreciation reflects 64% of the historical value that implies that these assets are quite old exclusively the current values of replacement assets surely going to be higher than these values.From the note 12 it is pass off that the accumulated depreciation is more than 50% for plant and machinery and aircraft. This implies that the remaining useful life of these assets is low and their net book values may not reflect the true value of these assets in their book. The depreciation method acting used for plant and machinery is straight line method that spreads the economic value over 3 to 5 years which means that the accumulated depreciation value imp lies high number of years