On a profit of only 134 million, a write down of 200 million is adequit.
Next quarter they will be able to balance the depreciation with debt reduction on the Ati aquisition.
Some times it is harder to balance money you've aready paid.
If they can get the same value from fab 36 as they have gotten from 30, they will be in great shape.
Know anyone who would not be willing to pay $100,000s over it's depreciated value, for fab 30?
Next quarter they will be able to balance the depreciation with debt reduction on the Ati aquisition.
Some times it is harder to balance money you've aready paid.
If they can get the same value from fab 36 as they have gotten from 30, they will be in great shape.
Know anyone who would not be willing to pay $100,000s over it's depreciated value, for fab 30?