Write-downs

RECENT NEWS
The Australian  Aug 22  Comment 
BEACH Energy has announced writedowns of $162.2 million ahead of the release of its full-year results on Monday.
WA Business News  Aug 21  Comment 
Emeco Holdings has reported a net loss of $21.6 million, down from a $28.5 million profit last year, following a series of downgrades and writedowns on the back of a slowdown in the mining sector.
The Australian  Aug 20  Comment 
SOUTHERN Cross Media chief executive Rhys Holleran has mounted a full-throated defence of the company’s finances.
The Australian  Aug 19  Comment 
SOUTHERN Cross Media has been forced to writedown $392.5m from its regional assets, leading to a $296m loss.
WA Business News  Aug 18  Comment 
Property developer Stockland has lifted its full year profit five fold, due to improvements in the property market and the impact of a major writedown in its previous result.
Wall Street Journal  Aug 18  Comment 
Gold producer Newcrest Mining Ltd. said annual losses topped 2.22 billion Australian dollars (US$2.07 billion), as it continued to write down the value of operations from Australia and Papua New Guinea to the Ivory Coast.
WA Business News  Aug 18  Comment 
WA Business News  Aug 18  Comment 
The Australian  Aug 17  Comment 
AUSTRALIA’S largest freight operator, Aurizon, has posted a 43 per cent fall in full year net profit on the back of previously announced impairments.
Agrimoney.com  Aug 11  Comment 
China's top orange group says it had no insurance cover against damage from Typhoon Rammasun, and heralds a "material" charge against an acquisition
WA Business News  Aug 6  Comment 
Ausdrill has flagged another profit writedown of as much as $80 million, as it warns the recovery in the mining services sector will be slower than previously expected.
Financial Times  Aug 5  Comment 
French lender’s second-quarter profits are pummelled by a €708m writedown on the value of its 15% stake in the Portuguese Banco Espírito Santo bank




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