Great article! Haven’t read this interview, so this insight was rather new. Really odd to see these frequent changes in their CFO position, hopefully they’re able to find someone soon that works with the duo of Daniel and Johan harmoniously and sustainably…
To my knowledge in most countries in Europe those amortisations on intangibles from acquired companies are anyway not tax deductible. Hence no impact on tax independent of the treatment. Could you clarify on that, as that would be a very interesting angle if they would be? Generally I would also say that most professional investors look at Ebita instead of reported Ebit. Thanks for sharing your analysis.
In my opinion, it is a huge mistake that the IASB and the FASB have recently decided again against goodwill amortization and continue to stick to the impairment only approach. I had actually hoped that there could be a paradigm shift here. Interestingly, in Japan and also according to the German local gaap (HGB), goodwill is amortized on a straight-line basis.
Great article! Haven’t read this interview, so this insight was rather new. Really odd to see these frequent changes in their CFO position, hopefully they’re able to find someone soon that works with the duo of Daniel and Johan harmoniously and sustainably…
Thank you for sharing!
Edel with the Sunday Special ... thank you! TEQ is a very interesting case ... .
To my knowledge in most countries in Europe those amortisations on intangibles from acquired companies are anyway not tax deductible. Hence no impact on tax independent of the treatment. Could you clarify on that, as that would be a very interesting angle if they would be? Generally I would also say that most professional investors look at Ebita instead of reported Ebit. Thanks for sharing your analysis.
In my opinion, it is a huge mistake that the IASB and the FASB have recently decided again against goodwill amortization and continue to stick to the impairment only approach. I had actually hoped that there could be a paradigm shift here. Interestingly, in Japan and also according to the German local gaap (HGB), goodwill is amortized on a straight-line basis.