Feb 18 (Reuters) - Coca-Cola Amatil Ltd (CCL) :
- PROVIDES AN UPDATE ON DIVESTMENT PROCESS FOR SPC
- TO RECOGNISE A NON-CASH IMPAIRMENT OF CARRYING VALUE OF SPC'S NET ASSETS HELD FOR SALE OF $146.9 MILLION BEFORE TAX IN 2018 FY ACCOUNT
- NON-CASH IMPAIRMENT DOES NOT IMPACT UNDERLYING PERFORMANCE OF BUSINESS OR GROUP'S ABILITY TO PAY DIVIDENDS
- DUE TO NON-CASH IMPAIRMENT OF SPC & TRADING LOSS FOR YEAR, REPORTED LOSS IN "DISCONTINUED OPERATION" WILL BE ABOUT $120 MILLION AFTER TAX
- RECEIVED STRONG INTEREST IN SPC
- NUMBER OF NON-BINDING INDICATIVE OFFERS HAVE BEEN RECEIVED FROM AUSTRALIAN AND OVERSEAS PARTIES AS PART OF DIVESTMENT PROCESS
