Ann: FY19 Half Year Results Announcement Date, page-25

Good will for SHJ is the price it pays for businesses not its Actual Goodwill and it is selective manipulation of a situation used to avoid tax and keep dividends from shareholders and people should be ripping into Simon about it.   I think this is the second write-down of this one division, they paid overs for a business in a specific niche that turned when the economy did, so be it, it does not mean its a  closed/failed business  operation, knowledge and connections are still there its just not as much revenue as expected has arrived yet.  SHJ buys 8 businesses in in 3 years one of them is a dog but the great ones don't increase the goodwill to offset the losses, it is a strange provision easily manipulated by smart people. Like the provisions. It's all just accounting.  Using Insurance matrixs the Actual Goodwill, as in if someone wanted to buy the company would be about $200-$300M.   That is for a Huge Company like NAB or Westfarmers to acquire SHJ it would go something like this.  
Gross Profit - $40m  X 5  = $200Mill of Goodwill, 40 in book $160M to be added on.
Outstanding Work Done - $410M   Less Provision $40M ( argued down by lawyers to normal 10) Less fees due out (? guess $70) Less Tax of about $100M ( minus already provisioned 70M)  which is 410 - 40 - 70 - 30 = 270M
Sale Price would be roughly $400M plus change  - All these tricks they use are holding back true value and really the ASX does not care as they're over provisioned  but they've secreted away so much through write-off and over provisioning its not fair, this is Simons Super Superannuation and you just have to be here when the decision to sell is made because it will rain gold, and in the meantime pressure needs to mount on these guys to look after their shareholders ( owners) better with true valuations and true dividends.