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Deutsche Telekom said it hoped the write-down would help resolve an inquiry by the Bonn district prosecutor into whether the company improperly recorded the book value of its property under generally accepted German accounting principles.
At the end of 1999, for example, the book value of the property and equipment leased by Samsung Electronics stood at 765 billion won ($670m), or 7% of its tangible assets.
But is it really worth taking £100k off the book value of your property just to have functioning kidneys?
Then WorldCom cut the book value of MCI's property, plant and equipment by $3.4 billion, reclassifying that sum as goodwill.
The march of time (and in some cases deductions for depreciation) make the book value of long-held real property a fiction.
Although Time Warner bought its assets, it paid only 70percentt of the book value of the company's plant, property and equipment.
On March 19th the Financial Restructuring Authority (FRA) will auction assets with a book value of 229 billion baht ($6 billion)—mostly duff property loans seized from the 56 finance companies that the government closed down last year.
Tesoro, with headquarters in San Antonio, said it had reduced the book value of its domestic and Indonesian oil and gas properties by $38.2 million after taxes.
Assets is the book value of assets (item 6).
INV = Book value of inventory divided by total assets.
BVEBVD (Book Value of Equity/Book value of Total Liabilities): This indicator measures leverage of the firms.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com