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Free Cash Flow
You said that Free Cash Flow is Operating cashflow minus capex and depreciation, my question is why are removing depreciation instead of adding it since it is a non cash item?
Cash Flow Statement
Free Cash Flow
Dec 17 2013 02:46 PM
FCF = Operating CF - Capex.
There is no depreciation in that formula.
Dec 31 2013 02:56 PM
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