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The amortization schedulein the Alta Genetics Annuall Report shows some fairly standard amortization practices: Buildings are amortized 5-10% per year, furniture 20-30%, and company cars 30%.
Finally, I assume two distinct amortization models.
"You're starting at the beginning" of the amortization tables.
For amortization over 10 years, they would naturally be higher.
Then no amortization -- and no hit to profits -- would result.
Under the new rule, amortization of good will will end.
It is earnings before interest, taxes, depreciation and amortization -- not earnings before interest, taxes, "debt" and amortization.
No longer would "good will" amortization lower corporate profits.
Earnings before interest, taxes, depreciation and amortization were $1.63 billion.
The report does not break down each team's amortization.
"And on our total $700 million, there is no amortization.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com