BBI babcock & brown infrastructure group

Ann: Anticipated Impairment Charge , page-14

  1. 640 Posts.
    Are my assumptions correct?

    $900-$920m writedown

    Euroports = (Euro 120m)$209m loss for 40% (I assume this hits the P&L)
    remaining 60% (on the balance sheet) to be written down = $314m

    so call it $600m remaining to be allocated across the other assets - PD Ports/NGPL/DBCT etc

    PD ports will probably get a whack given the issues with Corus

    Surely the auditors would check the progress of the DBCT negotiations for a material event after the period...

    surely this has to bode well for the DBCT sale value?

 
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