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It estimates the acquired assets have a total book value of about $600 million.
Mr. Machold said that these had a total book value of about $11.6 billion and a market value of $12.5 billion.
Still working to stabilize its shaky finances, the Enron Corporation said yesterday that it planned to sell assets, with a total book value of more than $8 billion, that executives say have produced dismal returns.
In that acquisition, InterNorth paid several billion dollars more than the total book value of Houston Natural Gas and chose to write up the value of the gas company's assets, a so-called fair value adjustment under accounting rules.
These add up to a small portion of total book value, but if they were to lose value precipitously that could certainly affect Moazami's projections.
Established in 1963, Nan Shan is Taiwan's largest life insurer by total book value and the third-largest by total premiums.
Similar(52)
LEV is computed as total assets minus book value of equity, scaled by lagged total assets.
MB is defined as (total assets − book value of equity + market value of equity) over total assets.
Daiwa estimates that 268 Tokyo Stock Exchange firms, 17% of the total, trade below book value.
Spiegel and its 19 subsidiaries that filed for Chapter 11 bankruptcy protection listed total assets with a book value of $1.737 billion and total liabilities of $1.706 billion as of Feb. 22, the company said.
For $3.4 billion of the assets, more than 10percentt of the total, State Street used book value as an approximation of fair value.
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