This study investigates the electrophysiological profiles of elderly individuals with varying levels of depression using event-related potentials (ERPs) during an auditory oddball task. Results show that depressed groups exhibit higher p200 amplitudes and longer latencies, while showing smaller p300 amplitudes and shorter latencies compared to non-depressed participants. The findings highlight the implications of cognitive processing in depression and suggest that non-cognitive factors may influence electrophysiological outcomes.