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
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.
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