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Fair Value is applied to plant and is being amortized over a useful life.
TW Fair Value is very similar to Goodwill in that it represents an excess over book value, and is not formally being recoverd in rates; BUT at the time of the acquistion it was treated as a purchase price allocation an applied to plant. Goodwill is meant to be a "leftover" after all costs have been allocated. -----Original Message----- From: Geaccone, Tracy Sent: Tuesday, November 06, 2001 9:21 AM To: Saunders, James Subject: FW: Transwestern Fair Value ????? -----Original Message----- From: Howard, Kevin A. Sent: Tuesday, November 06, 2001 9:01 AM To: Geaccone, Tracy Subject: RE: Transwestern Fair Value Banks want to exclude goodwill. How would you explain the difference between the two? -------------------------- Sent from my BlackBerry Wireless Handheld (www.BlackBerry.net)
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