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Shaanxi Natural Gas's financial expenses continue to decline. Shaanxi Natural Gas recently revealed during an institutional survey3droulette, the company's pipeline depreciation policy has a period of 30 years3droulette, the current annual depreciation cost is approximately 33droulette.800 million yuan. Although depreciation in 2023 will increase slightly by 1% compared with 2022, overall pipeline depreciation will stabilize.
On the premise that interest-bearing liabilities are basically stable, the company's financial expenses have increased from 2.5 percent in 2014.3droulette.16 billion yuan has dropped to less than 80 million yuan in 2023, showing a downward trend every year since 2018. If interest rates do not fluctuate significantly, the level of financial expenses is expected to remain stable in the future, which depends on the development of the project.
