Forum Archive Index - September 2003

["tennyson@caverock.net.nz" <tennyson@caverock.net.nz>]

Here is another question the RBD management doesn't want me to 
ask.

Goodwilll of $10.05m is recorded on the books as a result of the 
acquisition of 'Pizza Restaurants (NZ) Limited which at that time had 
36 Pizza Hutt restaurants, and one KFC franchise.   This represents a 
figure of $271,621 per store acquired

Goodwill of $23.2m was recorded on the acquisition of the business of 
Eagle Boys New Zealand as a result of purchasing 53 stores and 
effectively closing down Eagle Boys and converting the premeses to 
Pizza hutt outlets.   This represents a goodwill figure of  $437,736 per 
store acquired.

If all of these amortisations are being spread out to over a period 
ending in FY2017, why are the new Pizza Hutt outlets kept on the 
books as more valuable, in terms of goodwill, than others?

SNOOPY




--
Message sent by Snoopy 
on Pegasus Mail version 4.02
----------------------------------
"Q: If you call a dog tail a leg, how many legs does a dog have?"
"A: Four.  Calling a tail a leg doesn't make it a leg."



----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/