Write-downs

RECENT NEWS
WA Business News  Aug 26  Comment 
Decmil Group and Global Construction Services have swung into the red on the back of large write-downs and restructuring costs, but both are upbeat on the year ahead.
WA Business News  Aug 25  Comment 
Perth-based Western Areas has dipped into the red with a full-year loss on the back of depressed nickel prices and write-downs.
WA Business News  Aug 25  Comment 
Woolworths has slipped to a $1.23 billion full-year loss after a big decline in earnings from its Australian food and drink business and more than $2.6 billion of writedowns.
WA Business News  Aug 25  Comment 
Diversified miner South32 has slumped to a net loss of $US1.62 billion ($A2.13 billion) in its first full-year as a listed company, after taking heavy writedowns in its manganese, coal and alumina operations to reflect the downfall in commodities...
The Australian  Aug 24  Comment 
The regional airline has swung to a loss for the full year, following writedowns tied to the loss of a major contract.
WA Business News  Aug 24  Comment 
Strong profit results from Wesfarmers' Coles and Bunnings stores have been overshadowed by hefty writedowns linked to Target and its coal assets.
WA Business News  Aug 23  Comment 
Waste management company Tox Free Solutions has lifted its dividend payout after releasing a mixed set of annual results that included weak earnings from its Western Australian and Queensland operations, but solid growth elsewhere on the east coast.
WA Business News  Aug 23  Comment 
WA Business News  Aug 22  Comment 
Engineering group UGL hopes to claw back some of a $200 million writedown it made on the massive Ichthys natural gas project near Darwin, but it's unsure when it will pay shareholders a dividend again.
The Australian  Aug 22  Comment 
guardian.co.uk  Aug 16  Comment 
Writedowns and weaker commodities prices led to an 81% drop in underlying profit BHP Billiton has reported a record full year loss of US$6.39bn (A$8.29bn) as heavy writedowns and significantly weaker commodities prices hurt its bottom...
Financial Times  Aug 16  Comment 
Record swing into red ends troubled year for Anglo Australian miner




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