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NDAQ » Topics » DIFX Loss Calculation

This excerpt taken from the NDAQ 8-K filed Aug 1, 2008.

DIFX Loss Calculation

Under the equity method of accounting, we recognized a loss of $7.4 million (4.5 million after-tax) for the year ended December 31, 2007 and $1.4 million ($0.8 million after-tax) for the period ended February 26, 2008 on our investment in DIFX. The loss was calculated as 33 1/3% of DIFX’s net loss for the respective periods. DIFX recorded a loss of $22.2 million for the year ended December 31, 2007 and $4.3 million for the three months ended March 31, 2008, under IFRS. The difference between IFRS and U.S. GAAP was immaterial. The amortization expense related to identified finite lived intangible assets was immaterial.

This excerpt taken from the NDAQ 8-K filed May 2, 2008.

DIFX Loss Calculation

Under the equity method of accounting, we recognized a loss of $7.4 million (4.5 million after-tax) for the year ended December 31, 2007 on our investment in DIFX. The loss was calculated as 33 1/3% of DIFX’s net loss for the respective periods. DIFX recorded a loss of $22.2 million for the year ended December 31, 2007, under IFRS. The difference between IFRS and U.S. GAAP was immaterial. The amortization expense related to identified finite lived intangible assets was immaterial.

EXCERPTS ON THIS PAGE:

8-K
Aug 1, 2008
8-K
May 2, 2008

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