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F&P Appliances considers non-cash charges

Fisher&Paykel Appliances is considering further non-cash charges for asset impairments of up to $15 million before tax for intangible assets and up to $11.5m before tax for tangible assets.The company today said the move was part of the year-end revie

NZPA
Mon, 10 May 2010

Fisher&Paykel Appliances is considering further non-cash charges for asset impairments of up to $15 million before tax for intangible assets and up to $11.5m before tax for tangible assets.

The company today said the move was part of the year-end review process.

The asset impairments would not affect normalised earnings and will be reported as part of abnormals. Full details would be provided in the annual result.

NZPA
Mon, 10 May 2010
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F&P Appliances considers non-cash charges
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