When goodwill is impaired it is a requirement that it is recognised in the accounts; but when goodwill increases you can not include this as a gain (or even offset the loss).
Goodwill actually had a net gain over the year, but only the loss is recognised as an impairment.
Stock still cheap imho
Ann: Investor Presentation Slides for FY2013 , page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
