PPRuNe Forums - View Single Post - Qantas Annual Report
View Single Post
Old 24th Mar 2011, 23:11
  #19 (permalink)  
'holic
 
Join Date: Mar 2006
Location: Australia
Posts: 159
Likes: 0
Received 0 Likes on 0 Posts
G'day

From the Annual Report :
Depreciation is provided on a straight-line basis on all items of property,
plant and equipment except for freehold land which is not depreciated.
In any case, if depreciation wasn't linear you would expect the company with the newer fleet to have higher depreciation costs.

Cheers
'holic is offline