Tag: Depreciation
DAX group Thyssenkrupp has made a billion-dollar loss
As of: November 22, 2023 9:42 a.m High depreciation on the steel business caused the industrial group Thyssenkrupp a loss of billions in the past financial year. Next year, however,…
Taxes and currency depreciation are driving inflation in Turkey
Status: 04.09.2023 2:27 p.m Consumer prices in Turkey rose significantly more than expected in August. In addition to the weak national currency, tax increases again fueled inflation. In Turkey, high…
Steel depreciation push Thyssenkrupp into the red
Status: 05/11/2023 12:15 p.m Due to high energy costs and value adjustments in the steel division, Thyssenkruppmade a loss in the second quarter. How the difficult steel business will continue…
Depreciation – Energy subsidiary burdens Siemens – Economy
Siemens Energy’s recent price losses have had a major impact on the major shareholder Siemens. A special depreciation will burden the result after taxes in the third business quarter by…
Depreciation: Lindner wants to relieve companies more
Status: 02/15/2022 10:56 a.m Federal Finance Minister Christian Lindner is planning more write-off options for companies due to the burdens caused by the corona pandemic. An extension of existing rules…