EBITDA for the combined group includes income from the reversal of negative goodwill
arising on capital consolidation (bargain purchase income) from the companies acquired in the first half of 2017 in the amount of EUR 275.
In addition, in its Q1 2015 interim report, Concentric has recognised SEK15m of income arising from negative goodwill
as the fair value of the net assets acquired with GKN Pumps that exceeded the purchase price.
As noted in in the group's 1Q15 interim report, Concentric has recognised SEK 15m of income arising from negative goodwill
as the fair value of the net assets acquired with GKN Pumps exceeded the purchase price.
Also, operating income for Q1 was SEK117m, as compared with SEK77m in Q1 of 2014, including negative goodwill
of SEK15m recognised on acquisition of GKN Pumps.
During the period, the firm acquired subsidiary eV Products and there was negative goodwill
on the deal of PS2.
48m by negative goodwill
on the acquisition of eV Products of PS2.
nine months of 2013, as a result of a one-off negative goodwill
However purchase of Zarubezhneft at high price also carries risks for Rosneft, including possible negative goodwill
18 billion yen on negative goodwill
resulting from group restructuring also contributed to the gain in the bottom line.
Holtzman, "Extraordinary Items Share Exclusive Company," Journal of Accountancy, May 2007) examined a database of over 16,000 public companies in 2004 and reported only 27 cases of extraordinary items, with the most common type being negative goodwill
, per SFAS 141, Business Combinations.
JCR will watch trend of the portfolio in both quality and quantity including utilization of negative goodwill
and implementation of measures for internal growth.
QR236 million was realized as a fair value gain on account of Qatar Navigation's holding of 15 per cent share capital of Qatar Shipping prior to the acquisition, while QR397 million was realized as a gain resulting from the negative goodwill
representing the difference between price of acquisition and net fair value of assets of Qatar Shipping.