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The deal allows the airline to value property assets on a market basis, rather than the depreciated cost.
The depreciated cost method of asset valuation is an accounting tool used by both corporations and individuals. It allows for the books to always be carrying an asset at its current worth, and allows cash flows based on that asset to be measured in proportion to the value of the asset itself. It also allows for even tax treatment of large capital assets like homes, factories and equipment.
вартість із відрахуванням амортизації; залишкова вартість