According to British Airways, some £79 million of losses resulted from a single write-off associated with the sale of its Deutsche BA subsidiary last year.
Motorola had already taken huge charges because of its big investment in the project, which it helped create, and today the company announced another $740 million write-off associated with Iridium.
Kodak also took a $52 million after-tax charge for write-offs associated with the bankruptcy filing of its largest customer, Wolf Camera of Atlanta.
It launched its buttons, which can be placed on just about any Web site or e-mail, just days before eBay announced it was taking a write-off associated with its subsidiary, Skype, a key competitor to Jajah.
While this simplification effort increases the focus of the company and reduces operational complexity in its stores, it will pressure the margins given the high write-offs associated with these products.
Earnings dipped into the red for the first fiscal quarter ending in June after the company, which unlike others generates most of its titles in-house, wrote off costs associated with development of older platform software.
Finally, if you itemize your tax return and your total medical expenses for the year exceed 7.5percentt of your adjusted gross income, you can write off certain expenses associated with celiac disease.
Still, AOL's charge may top the record set by JDS Uniphase, a maker of telecommunications equipment, which announced in 2001 that it would write off $51 billion in costs associated with bad investments and acquisitions.
Qinetiq said it would write off £37m of costs associated with the project, but its shares recovered to close 0.9p higher at 111.5p as the company said the news did not change its view of its underlying performance for the year.
ITV made a statutory £1.54 billion loss last year after it was forced to write off £1.6 billion of goodwill associated with acquisitions made in 2000 and 2004 because of reduced advertising forecasts.
While the company would not forecast earnings, it acknowledged plans to write off at least $400,000 in costs associated with the closing of its metals recovery operations in Westbury and the opening of a new plant in Waterbury, Conn.
