Looking at a valuation of Manx Telecom MANX - confusion over impairment
Posted: November 7th, 2018, 5:20 pm
Hi everyone,
I'm looking at an attempt at doing a DCF and a EPV valuation of MANX, this evening. So for the EPV, some of the ingredients are Amortisation and Depreciation (A&D), but when I look for them on page 42 in the statement of cash flows taking the 2013 report as an example, found here, I see not just A&D, but also an additional entry for "Impairment of PPE".
This is what we see:
So all I want to know is should I, for the purposes of the EPV calculation, handle the Impairment entry in exactly the same way as A&D? Upon reading Note 4. I believe I'd be justified to act as so - but I wondered if anyone else could confirm.
many thanks
Matt
PS does anyone know how I can make my tables look more sane, i.e. not pad the first column with w/s and instead left justify all my columns?
I'm looking at an attempt at doing a DCF and a EPV valuation of MANX, this evening. So for the EPV, some of the ingredients are Amortisation and Depreciation (A&D), but when I look for them on page 42 in the statement of cash flows taking the 2013 report as an example, found here, I see not just A&D, but also an additional entry for "Impairment of PPE".
This is what we see:
So all I want to know is should I, for the purposes of the EPV calculation, handle the Impairment entry in exactly the same way as A&D? Upon reading Note 4. I believe I'd be justified to act as so - but I wondered if anyone else could confirm.
many thanks
Matt
PS does anyone know how I can make my tables look more sane, i.e. not pad the first column with w/s and instead left justify all my columns?