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QuestionsCategory: Financials QuadrantImpairment and exceptional items
Mei Ying Lee asked 2 years ago
Hi, From what I understand, impairment of assets/intangible assets/goodwill usually are considered as exceptional items in the income statement? However, if a company's income statement has impairment recorded almost every year, is it still considered as an "exceptional item"? Appreciate your advice, thanks.
1 Answers
Victor Chng Staff answered 2 years ago
Hi Mei Ying,


If impairments occur annually, I wouldn’t consider them exceptional items. In that case, I wouldn’t make any adjustments.
Mei Ying Lee replied 2 years ago

Hi Victor, thanks!