pretax writedown

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Pretax Writedown

In accounting, the reduction in value of an asset before one accounts of taxes owed. Pretax writedowns may reduce one's tax liability. See also: Depreciation.

pretax writedown

An accounting reduction in the value of an asset, measured before any effect by income taxes.
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6 million pretax write-down in the carrying value of crude oil inventories and a $7.
The sale resulted in a pretax write-down of $63 million, or an after-tax charge of 18 cents per share.
85 million pretax write-down of goodwill and other long-lived assets associated with the company's United Kingdom business as well as the relocations costs.
Included in 2005 earnings is a pretax write-down of $812,500, taken on other real estate in the third quarter.
Unocal expects to take a $29 million pretax write-down in the fourth quarter 2004 to cover its share of costs associated with the Sequoia well and the earlier Mirage exploration well.
Net earnings prior to a $114 million pretax write-down of Rhodes assets were $9 million or 15 cents per share, compared with $10.
The Company recorded a non-recurring, non-cash pretax write-down of deferred preservation costs of $22.
1 billion pretax write-down of impaired generating assets in 1997, has substantially reduced the company's embedded costs of generation, improving the company's competitive position.
2 million and impairment of long-lived assets resulting in a pretax write-down of goodwill of $20.
In conjunction with reducing the number of locations, the Company will also take a pretax write-down of 15 million euros for inventory items in North America.
1 billion pretax write-down of impaired generating assets, has substantially reduced the company's embedded costs of generation (net generation-related assets were reduced from $7.
3 million pretax write-down of the carrying value of some of the Company's properties.