what is depletion and how it is different from Depreciation&amortization?



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I fond below line in 10K of HAL. what is depletion and how it is different from Depreciation&amortization?

Depreciation, depletion, and amortization:

1 Answer(s)


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Depletion is a very industry specific accounting term that is common in oil drilling and gad exploration industries. It indicates the actual physical usage of assets like oil wells etc