Exact(3)
It follows that if banks' carrying values are still above those that state-sponsored bidders want to pay, they will not sell voluntarily.Just how optimistic are banks' books?
It also said it was reviewing its entire asset base: In light of the current oil price environment, Soco's board is in the process of reviewing the company's overall portfolio of assets and carrying values.
Despite the sales drop, Loews recorded a profit of $35 million from the subsidiary, compared with a loss of $717 million in the year-earlier period, attributed to noncash, impairment charges of $691 million related to asset carrying values and $482 million in goodwill impairment charges.
Similar(57)
And it has put a major crimp in the carrying value of Bill Gates' holdings.
The carrying value of borrowings on the balance sheet is £9.6bn.
The deal values Tesco's Lazada stake at significantly more than the £113m carrying value listed in its accounts last August.
In aggregate the carrying value of the top-ten banks' loan books was 3% above the market price in December.
The company's loss last year reflected a charge of £8.1 billion ($16.8 billion) related to the carrying value of good will in operations in Germany and Italy.
Every year, Tesco reviews the carrying value of its stores to ensure that they are supported by either their value in use or their fair value less the cost of disposal.
The firm said that the carrying value of its holdings grew 9 percent during the quarter, partially offsetting lower transaction and monitoring fees.
The steep drop reflected a decline in the carrying value of the firm's real estate holdings, as well as the huge jump in revenue last year from the sale of several Equity Office Properties holdings.
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