Not necessarily. It may be true of some IT equipment where you will write it off over three years, if it's a notebook or something like that, but not necessarily. It's simply the initial investment that is required and getting approval for it. Whether it's new product development, acquisition of new machinery, to get the approval on that project, you want to see a positive cashflow quicker or improved, accelerated, so that the project has a quicker return on investment. That's the critical dimension. It's not that the equipment gets necessarily replaced in two years; that need not be the case.
On November 9th, 2006. See this statement in context.