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SWY » Topics » NOTE D-GOODWILL

This excerpt taken from the SWY 10-Q filed Apr 27, 2007.

NOTE D—GOODWILL

A summary of changes in Safeway’s goodwill during the first 12 weeks of 2007 by geographic area is as follows (in millions):

 

     2007  
     U.S.     Canada     Total  

Balance—beginning of period

    $ 2,309.5     $ 84.0     $ 2,393.5  

Adjustments

      (1.1 ) (1)     0.1  (2)     (1.0 )
                        

Balance—end of period

    $ 2,308.4     $ 84.1     $ 2,392.5  
                        
(1) Purchase accounting adjustments, primarily related to acquiring the remaining minority interests in GroceryWorks.com in 2006.
(2) Represents foreign currency translation adjustments in Canada.
This excerpt taken from the SWY 10-Q filed Oct 13, 2006.

NOTE D–GOODWILL

A summary of changes in Safeway’s goodwill during the first 36 weeks of 2006 by geographic area is as follows (in millions):

 

     2006
     U.S.     Canada     Total

Balance–beginning of period

    $ 2,317.8     $ 84.6     $ 2,402.4

Adjustments

      (1.1 )(1)     2.4 (2)     1.3
                      

Balance–end of period

    $ 2,316.7     $ 87.0     $ 2,403.7
                      
(1) Primarily represents revised estimate of pre-acquisition tax accrual.
(2) Represents foreign currency translation adjustments in Canada.
This excerpt taken from the SWY 10-Q filed Jul 21, 2006.

NOTE D–GOODWILL

A summary of changes in Safeway’s goodwill during the first 24 weeks of 2006 by geographic area is as follows (in millions):

 

     2006
     U.S.     Canada     Total

Balance-beginning of period

    $ 2,317.8     $ 84.6     $ 2,402.4

Adjustments

      (0.9 )(1)     2.4 (2)     1.5
                      

Balance-end of period

    $ 2,316.9     $ 87.0     $ 2,403.9
                      
(1) Primarily represents revised estimate of pre-acquisition tax accrual.
(2) Represents foreign currency translation adjustments in Canada.

 

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SAFEWAY INC. AND SUBSIDIARIES

EXCERPTS ON THIS PAGE:

10-Q
Apr 27, 2007
10-Q
Oct 13, 2006
10-Q
Jul 21, 2006

RELATED TOPICS for SWY:

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