Dollar carrying values
of goodwill and trade name intangible assets in the Gillette Shave Care business.
are computed based on financial statements of both subsidiaries as of end-September.
Additionally, Innovaro said that they were delisted from the New York Stock Exchange MKT and began trading on the OTCQB Marketplace, adding that with the continued decline in its market capitalisation, a triggering event resulted whereby management decided that the implied fair value of its intangible assets is under their carrying values
and the recorded impairment loss related to continuing operations was about USD2.1m for the full year 2012.
* Use carrying values
to measure the assets and liabilities combined in a government merger or transfer of operations;
The company said the carrying values
of its McDonnell Douglas MD-80s and Embraer ERJ135s "are no longer recoverable" and that it will take the charge "to write these and certain related long-lived assets down to their estimated fair value".
Trevor O'Hoy, who tendered his resignation last month, initially made the move as Foster's revised its fiscal 2008 earnings outlook and unveiled a non-cash write down to wine asset carrying values
and a strategic review of its global wine business.
The company said it did not make any impairment provisions against the carrying values
of the fixed assets in each of its subsidiaries this year, having already made provisions of pounds 500,000 last year.
CIT said that its management believes, based on its current assessment of lease equipment carrying values
and Independence Air's credit exposure, that the Independence Air filing will not have a material adverse impact on the company's financial results.
Similarly, CEOs and CFOs must be satisfied that the carrying values
of their intangible assets and goodwill have been adequately tested for impairment.
banking organizations with the largest commitment to equity investments have about doubled their holdings in the past five or so years, with aggregate investments currently exceeding $30 billion at carrying values
. These holdings account for an estimated 90 percent of holdings by all banking organizations of private equities in nonfinancial firms.
For the same asset, the use of straight line depreciation, higher salvage values or longer useful lives will result in higher carrying values
and thus increased probability of recognizable impairment losses.