RE: Results9 Aug 2017 07:42
We shouldn't be too concerned. Any hit to earnings from amortisation of intangibles is a non cash hit to income statement but need to watch dividend cover. What matters here is the future value this investment will yield and there is a degree of comfort gained by the fact that these have been tested for impairment which considered the future discounted cash flows that can be expected from this investment over the longer term.