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RSS FeedsNon-cash charge from concluded impairment and revaluated U.S. tax assets
(WorldNews Sweden)

 
 

16 january 2018 09:51:22

 
Non-cash charge from concluded impairment and revaluated U.S. tax assets
(WorldNews Sweden)
 


Impairment testing, announced in conjunction with restated numbers according to new segment structure December 8, 2017, is finalized resulting in SEK 14.2 b. write-down Revaluation of U.S. deferred tax assets due to change in U.S. corporate income tax rate, resulting in a non-cash tax charge of SEK 1.0 b. No impact on cash flow, but impairments will have negative impact on reported Operating Income mainly in segments Digital Services and Other, while tax asset revaluation will impact income tax expenses, in Q4 2017 All numbers are unaudited, final numbers will be published in the Q4 2017 report Ericsson`s (NASDAQ: ERIC) impairment testing that was announced in conjunction with the restated...


 
6 viewsCategory: General > Europe > Sweden
 
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