She proposed that the financial results for the first nine months should reflect a goodwill writedown
of anywhere from AaAaAeA@1/4600m to AaAaAeA@1/4900m other banks had done.
Philippidou had forwarded an email from PwC, the bank's external auditors, who informed them that the goodwill writedown
of its operations in Greece was AaAaAeA@1/41.
5m goodwill writedown
on Pelican - the business sold last year and which included the Bella Pasta and Cafe Rouge restaurants.
The goodwill writedown
was caused by deteriorating credit quality and the adverse impact from The CARD Act on Bank of America's credit card operations in 2009.
Shortly after Cadbury-Schweppes acquired a majority stake in 2006, Cadbury Nigeria was found to have overstated its financial performance, which led to a costly lawsuit and a goodwill writedown
on its balance sheet.
Company expects fourth-quarter non-cash goodwill writedown
and asset impairment for Tim Hortons U.
The Company previously announced it would record certain year-end adjustments, including the goodwill writedown
Overall, Hertz has performed reasonably well given the slowdown in business travel and excluding the goodwill writedown
taken earlier in the year in early 2002 related to its Hertz Equipment Rental Corp.
3 million fourth quarter charge relating to a $15 million goodwill writedown
and reserve additions for discontinued lines, primarily workers' compensation insurance.
Equant (NYSE: ENT)(Euronext Paris: EQU) confirmed that its financial position and operations are unaffected by the goodwill writedown
which France Telecom announced today.
Projected full year 2002 income, before cumulative effect of change in accounting principle related to the adoption of SFAS 142 and the related transitional goodwill writedown
indicated above, remains unchanged from the prior guidance given, i.
0 million for a goodwill writedown
and amortization of intangibles, and third quarter 2001 net loss included $36.
This guidance projected, for 2002 relative to 2001, revenue growth exceeding 10%, EBITDA growth of 10% to 15% and income, before cumulative effect of change in accounting principle related to the adoption of SFAS 142 and the related transitional goodwill writedown
indicated above, increasing by 150% to 200%.