by
FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials
differences
1- Definition
-Capex
Capital expenditures are expenditures creating future benefits. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing asset with a useful life that extends beyond the tax year.
-Opex
OpEx (Operational expenditure) refers to expenses incurred in the course of ordinary business, such as sales, general and administrative expenses (and excluding cost of goods sold - or COGS, taxes, depreciation and interest