AGL 0.50% $11.89 agl energy limited.

Ann: Ceasing to be a substantial holder, page-13

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  1. 7,513 Posts.
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    Christos its a writedown under the application of GAAP and the Accounting Standards. This leads to an accounting loss, its not a loss from the underlying business units.
    That's why analysts look at underlying profit.

    Next such writedowns reduce the intangibles/goodwill. This leads to future reduced D&A expense which is a part function of the amount of Intangibles/good will on the balance sheet.
 
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