VCP » Topics » Investments - Goodwill on the acquisition of shares
This excerpt taken from the VCP 6-K filed Jul 29, 2009.
Investments - Goodwill on the acquisition of shares
Nature of balance: regarding goodwill created in the Veracel Celulose S.A. acquisition transactions.
Adjustment criteria: balances were considered null, as they have no market value or their realization/sale is improbable. In general they refer to
expenditures already realized and not incurred in accounting terms the amortization of which is being performed gradually.
Amount of Adjustment:
Reduction of nine million, seven hundred and forty-two thousand reais (R$ 9,742 thousand) in the goodwill account of Aracruz.