Write-downs

RECENT NEWS
Wall Street Journal  Mar 2  Comment 
Nabors Industries swung to a fourth-quarter loss as the contract drilling company posted big asset write-downs and other one-time charges that offset year-to-year revenue growth.
Clusterstock  Feb 26  Comment 
2014 was an incredibly tough year for the Royal Bank of Scotland. The 81% state-owned bank revealed in its 2014 results statement that it was hammered by a significant amount of  litigation costs, a writedown from its Citizens unit and...
WA Business News  Feb 26  Comment 
The Australian  Feb 24  Comment 
SEVEN Group net profit has slumped 74pc to $68.5m due to writedowns on its stakes in Seven West Media and its Chinese mining equipment business.
WA Business News  Feb 24  Comment 
Troubled mining services contractor Macmahon Holdings has fallen into the red with a first-half loss of $112.45 million.
WA Business News  Feb 24  Comment 
The Australian  Feb 23  Comment 
UGL has posted a $120.8 million first-half loss as it reels from a drop in mining activity and a writedown in its Ichthys project.
Financial Times  Feb 23  Comment 
Project delays and weaker demand fuel nuclear group’s writedowns
WA Business News  Feb 23  Comment 
Aspen Group has taken an interim net loss of $18.2 million, largely on the back of reduced utilisation of its resources-exposed accommodation assets in the north of the state, offsetting a strong performance by its holiday parks and short-stay...
The Australian  Feb 22  Comment 
PRIVATE training provider Vocation is preparing to sell off parts of its business and launch a turnaround strategy to stabilise the struggling business.
WA Business News  Feb 22  Comment 
Engineering group UGL has suffered a first-half loss due to one-off write-downs and provisions as the slowdown in resource sector investment continues to bite.
WA Business News  Feb 22  Comment 
WA Business News  Feb 22  Comment 
Financial Times  Feb 20  Comment 
Goodwill charge of £4bn on US operation could send UK lender into loss




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