| 1 | There are not so many toxic assets on the banks' books in Canada. | |
| 2 | But that means it may get only half of the profit that it has on the books. | |
| 3 | With such a foggy outlook, it is only natural that markets value many investment banks at or below book value. | |
| 4 | Despite privatization, there are roughly 119, 000 state-owned enterprises today, with a book value of about $4 trillion. | |
| 5 | The annual depreciation charge under this method is calculated by applying a percentage to the net book value of the asset as at the end of the previous year. |