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[quote user="jeaton"] so there is obviously no point for them to report financials using anything other than useful life straight line depreciation. [/quote] I'm shocked that you would say that.  Given a business that has to pitch it's case for survival funding, adjusting the rate at which long term expenses are realized would certainly have an impact on the claimed cost of doing business. wouldn't it? <a href="http://www.amtrak.com/pdf/fy04businessplan.pdf">Interesting things I've found</a> show that Amtrak has been very creative in using "sale /lease back" arrangements with it's rolliing stock, where the proceeds of the sale have been used to offset 'other depreciation' , while the leasing expense is written off as a current expense I also see where they did start<a href="http://www.gao.gov/new.items/d02912r.pdf"> reporting amortization to congress differently</a> in  Nov 2001 , which while not what I thought I recalled, may be the source of that foggy memory moment I had.
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