Investor Presentaiton

Measuring national output and income GDP: from that deduct profits of MNES • GNI: problem it includes the depreciation of the MNES • Huge depreciation on IP of MNEs and aircraft (of aircraft leasing companies) • GNI* Adjusted GNI - after deducting much of depreciation of MNES • Broadly comparable to GNI for other countries • NNP deducts all depreciation - probably a better measure but not widely used internationally. Thus usable for understanding the economy but not for measuring relative performance

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