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Free cash flow 的计算问题

Level2 notes book4 P131

 

Free cash flow= NOPLAT+Dep-FCinv-WCinv

where:

NOPLAT=net operating profit less adjusted tax

           =EBITA- taxes

......

 

Professor's note: ...NOPLAT isessencially equal to net income plus after-tax interest expense...

 

问题是

Amortization 在两个表示中好像有些矛盾,另外Amortization是否应该跟depreciation同样对待?

Amortization应该跟depreciation同样对待
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