Thank you, Madam Chair. Yes. Amortization, I'll try to use some terms that are not too accountant-ese for you and for me. When we put an asset into service, a capital asset, it has a useful life of, say, 20 years, and that asset is depreciated over those 20 years. The amortization shows up every year, and it is representative of how many assets we put into service. It gets charged over the life of the asset. Thank you, Madam Chair.
Mr. Brennan on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on June 1st, 2020. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
June 1st, 2020
Page 942
Brennan
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