carrying value

Also referred as carrying amount and book value, is the value of an asset on which it is reported in the balance sheet. The value is calculated by subtracting the cost (historical value) of an asset from its accumulated depreciation, amortization and impairment expenses. The book value is not the market or fair value of an asset, the market value of an asset might be more or less than the book value

Book value = Original cost of an asset - accumulated deprecation, amortization and impairment expenses

2. Book value or carrying amount of a company is its total assets less intangible assets and liabilities