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In the year to May 31st, BHP had to write off a total of A$1 billion ($767m) against a number of its investments.
It reported no new drilling results, and said it would write off a total of $670m in its full year results, including $219m for dry holes and licence relinquishments in the second half.
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In the 2012 fiscal year, H.P. wrote off a total of $18 billion related to failed acquisitions and other missteps.
He asked: "Can HP really state that no part of the $5bn writedown was, or should be, attributed to HP's operational and financial mismanagement of Autonomy since the acquisition?" HP last week announced that it was writing off a total of $8bn in the value of Autonomy and shareholder value impairment, as it released its quarterly figures.
But when it wrote off a total of $233 million in bad investments in 2000 and 2001 -- an undisclosed amount of that related to Ashford -- those losses were not in the pro forma figure, though they were part of net losses the company reported.
Trainer is also wary that First Data has written off a total of $467 million in assets, after taxes, from 1998 through 2003.
Trainer doesn't like that from 1998 through 2004 Cummins has been blowing through a lot of shareholder capital, as it has written off a total of $233 million in assets, after taxes, for things like unsuccessful joint ventures and equipment.
"Never write off an Australian side.
The debt total now amounts to about 175% of Greek GDP and the IMF has long felt that without at least some long-term relief – writing off a proportion of the debt – Greece's borrowing is unsustainable.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com