Nah IMO the auditors simply made the write down at 30th June because revenues to this point could not substantiate the value on the balance sheet for the goodwill. Does not mean that future revenues from July onwards won’t justify the value paid. It’s just a point in time assessment
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- Ann: Appendix 4E and Full Year Statutory Accounts
Ann: Appendix 4E and Full Year Statutory Accounts, page-58
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