Financial Modeling
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I am trying to do some financial modelling and was going to input the annual depreciation expense for the past 5 years.
By looking at the consolidated income statement in form 10K (see below), the item "depreciation expense" was not stated.
Net revenue
Cost of sales
Gross margin
Research and development
Marketing, general and administrative
In-process research and development
Amortization of acquired intangible assets and integration charges
Impairment of goodwill and acquired intangible assets
Operating income (loss)
Then I looked at the consolidated balance sheet, the gross property, plant and equipment is stated, so is the accumulated depreciation expense.
I try to deduct 2009 accumulated depreciation expense from 2010 accumulated depreciation expense, assuming the difference should be the depreciation expense for 2010. I compare this figure to the deprecation in the cashflow statement under cashflows from operating activities. The amount does not match.
My question is where can I find the annual depreciation expense in form 10k, if the notes to the account did not provide this information?
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