Sentence examples for carrying value of goodwill from inspiring English sources
The charge was related to reducing the "carrying value of goodwill," which is what companies do when when an acquisition or investment is no longer worth what they paid for them.
(Under accounting rules, you write down the carrying value of goodwill if its economic value decreases, but leave it unchanged if economic value increases). Using the 97%-of-premium-volume yardstick we applied to our 1996 purchase, the real value today of GEICO's economic goodwill is about $14 billion.
Our annual goodwill impairment test as of May 1, 2015 indicated that the carrying value of Phone Hardware goodwill exceeded its estimated fair value.
The publisher also announced a non-cash impairment charge of £225m goodwill and intangible assets, such as the carrying value of publishing rights and titles.
§ 615.5090 Reduction in carrying value of collateral.
Calculate the carrying value of the bond.
"CCA's alternative plans for SPCA will necessitate a material review of SPCA's carrying value, and a writedown of its assets including brands and goodwill, the amount of which will be considered by the board and announced on February 18 at CCA's 2013 full-year results presentation," the statement said.
If the market value is higher than the carrying value, you can conclude that no goodwill impairment is necessary.
HSBC had been carrying £7.4bn of goodwill for Household and has already written off £350m to reflect the falling value of the business.
In brief, this accounting rule change requires companies to annually reassess the value of goodwill and other intangible assets and write them down to their present value.
