Historical cost, current market value, current cost, netrealizable value and present value of future cash flow are concretive expressive forms of fair value.
In some contexts (the analysis of financial leases, for example) depreciation tax shields are treated as safe, nominal cash flows and are discounted at an aftertax borrowing or lending rate.
The stress of cash flow may let the banks pay higher attention to and even get involved in enterprise management in the capacity of loaners, thereby urging state-owned enterprises to improve management.