Is it possible for depreciation used in Cash flow statement to be in different amount from the depreciation in the income statement? I don’t know which depreciation I should be using to value PPE from the starbucks financial statements and I just can’t seem to know the reason why it could be different. I’m currently looking at the 2019 10k report…I would appreciate any help.
Thank you
Not usually.
Perhaps they include some depreciation/amortization in COGS.
I’d have to see more detail than is shown in their 10k.
The amount “used” on the income statement could be different than the amount disclosed on the income statement. Companies will frequently not separately disclose any or all of the depreciation on the income statement which is why you should always use the amount disclosed on the cash flow statement.
Thank you for your valuable advice!