VTG
Click for more information
0.00% 8.1¢ vita group limited

An impairment is a non cash charge. hence no cashflow...

  1. iimamit
    60 Posts.
    clock Created with Sketch.
    14/07/12
    20:27
    Post #: 10434952
    An impairment is a non cash charge. hence no cashflow implication.

    It affects the balance sheet and reduces the goodwill component which was created when Vita group bought the First Byte business.

    Hope this explains.

    Regards,
    Amit
    VTG Price at posting: 25.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

FG1 Flynn Gold flags mid-grade drill hits and always eye-catching rock chips
right-arrow Created with Sketch.
I88 Major fault system and magnetic anomalies discovered at Talus Uranium Prospect
right-arrow Created with Sketch.
MCT Metalicity looking for offers on Admiral Bay zinc project
right-arrow Created with Sketch.
NEWS Quarterly and half yearly reports: Ampol, Fortescue and Newmont
right-arrow Created with Sketch.
LKE Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach
right-arrow Created with Sketch.
NEWS Warren Tredrea’s weekly sports business wrap: the latest on business in sport
right-arrow Created with Sketch.
watchlist Created with Sketch. Add VTG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.