Write-downs

RECENT NEWS
The Australian  Aug 27  Comment 
Macmahon Holdings has posted a steep full-year loss after being hit hard by writedowns and impairments.
guardian.co.uk  Aug 27  Comment 
Finance minister hails ‘collaborative’ agreement that sees some of country’s debt written off in exchange for higher interest on outstanding loan Ukraine has secured a 20% writedown on $18bn (£11.6bn) of its foreign debts in a deal its...
The Australian  Aug 26  Comment 
Nine says its full-year ratings share is likely to fall slightly, as writedowns dragged it to an annual headline loss.
The Australian  Aug 24  Comment 
More than $400m in writedowns has contributed to a net loss of $236.4m for UGL for the financial year to June.
The Australian  Aug 24  Comment 
Beach Energy has reported a $514m full-year loss after big writedowns because of sliding oil prices.
The Australian  Aug 23  Comment 
Engineering services company UGL has swung to an annual loss, hit by provisions and impairments.
The Australian  Aug 21  Comment 
Beach Energy will book a non-cash impairment of almost half-a-billion dollars after writing down a number of its assets.
Financial Times  Aug 20  Comment 
Explorer reports $214.7m first-half pre-tax loss, down from $50m profit
WA Business News  Aug 20  Comment 
Logistics company Qube Holdings has written down the value of its port assets at Utah Point and Dampier by $38.5 million, after reviewing the outlook for the iron ore and oil and gas sectors.
guardian.co.uk  Aug 19  Comment 
Retailer will have to book writedown in accounts, which is likely to be worth tens of millions but less than £100m liability estimated by industry sources Morrisons is facing a bill worth tens of millions of pounds to offload its struggling...




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