youcan'tstopusnow wrote:
Can cutting CAPEX be used boost short to mid term profits by reducing depreciation?
I think it can boost them in the medium term but I do not believe in this strategy to boost profits because benefits from CAPEX usually outweigh depreciation charges greatly in the long term.
But the growth in their non current assets definitely adds 1billion at least in depreciation charges every year unfortunately.
even then I find it hard to see how safcom can justify a 6billion increase in admin and operating costs for a 6month period.. Forex or no forex .
Mark 12:29
Deuteronomy 4:16