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michael7656

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Active 11 years ago
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  • June 11, 2013 at 3:38 pm #131625
    mysterymichael7656
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    Q1 wasn’t too bad. I ended up with $180m impairment. $80m to goodwill and $100m to PPE. No impairment to NCI as its the proportionate share basis so all to RE.
    The examiner put in a lot of red herrings by showing the FV of NA and equity balances from the acquisition in 2011. The parent acquired in 2012 so I used these figures.
    Overall, not a bad paper although didn’t expect the SOFP. Have to wait until august and see!

    June 9, 2013 at 6:31 pm #130908
    mysterymichael7656
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    Perfect! Thank you 🙂

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