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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Accounting for the Cost of Start-up Activities

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Accounting for the Cost of Start-up Activities. The costs associated with closing stores or facilities are recorded at fair value as such costs are incurred. Store closing costs charged to the statements of consolidated income during fiscal 2003, 2004 and 2005 were not material.

This excerpt taken from the LUX 20-F filed Jun 29, 2005.
Accounting for the Cost of Start-up Activities. The costs associated with closing stores or facilities are recorded at fair value as such costs are incurred. Store closing costs charged to the Statements of Consolidated Income during fiscal 2002, 2003 and 2004 were not material.

 

EXCERPTS ON THIS PAGE:

20-F
Jun 28, 2006
20-F
Jun 29, 2005

RELATED TOPICS for LUX:

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