VRS 2.04% 4.8¢ veris limited

The write down of goodwill is a non cash component of the...

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  1. 3,278 Posts.
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    The write down of goodwill is a non cash component of the balance sheet. So it's effect on profit in the future is to increase profit,  as there is less amortisation of goodwill each year. 

    vrs paid too much for the businesses,  it's a big write down
 
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