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Consumption of fixed capital - Wikipedia, the free encyclopedia
Consumption of fixed capital (CFC) is a term used in business accounts, tax assessments and national accounts for depreciation of fixed assets. CFC is used in preference to "depreciation" to emphasiz...
en.wikipedia.org/wiki/Consumption_of_fixed_capital |
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Depreciation - Wikipedia, the free encyclopedia
Depreciation is a term used in accounting, economics and finance to spread the cost of an asset over the span of several years. In simple words we can say that depreciation is the reduction in the va...
en.wikipedia.org/wiki/Depreciation |
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CONSUMPTION OF FIXED CAPITAL ... Methods are used in practice to calculate variables at constant prices. Another method, commonly referred to as price deflation, involves dividing price indexes into the observed values to obtain volume estimates.
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STATISTICS «Measuring; Capital; OECD Manual; MEASUREMENT OF; CAPITAL STOCKS, CONSUMPTION; OF FIXED CAPITAL AND; CAPITAL SERVICES; AVAILABLE ON LINE; DISPONIBLE EN LIGNE www.SourceOECD.org;
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When the supply of irrigation water is heavily subsidized (or made available free) the output is estimated on the basis of actual cost incurred, i.e. the sum of intermediate consumption, compensation of employees and consumption of fixed capital.
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General government consumption expenditure has been upwardly revised for the years 1970-1990. In 1990, the adjustment increased the figures by 4 billion NOK, or 2.7 per cent. The adjustment is the result of changes in methodology to calculate consumption of fixed capital for general government.
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Consumption of fixed capital represents the reduction in the value of the fixed assets used in production during the accounting period resulting from physical deterioration, normal obsolescence or normal accidental damage.
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