Exact(1)
Eight models provided good impairment risk assessment (Area Under the Curve ≥ 0.70).
Similar(7)
This included an accounting charge for good will impairment.
A year ago, pretax write-downs and a good will impairment totaled $105.9 million.
Dynegy said it had recorded a good will impairment of $242 million in the fourth quarter of 2003.
It also booked a good will impairment of 492 million francs related to the sale of UBS Pactual in Brazil.
A big part of Tyco's results last year related to a loss with Tyco's former CIT Group finance unit and a charge for good will impairment.
This quarter's figure includes expenses of $2.125 billion, some of which is known as good will impairment indirectly related to a fall in the value of two companies Sun acquired, Cobalt Networks and HighGround System.
Will the model be rigid enough to keep the good will impairment write-downs from being absolutely discretionary?" Lynn Turner, the S.E.C.'s chief accountant, declined to comment on the Accounting Standards Board's decision.
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