Monday, March 15, 2010

Atlantis assets written down

annual report 09 page 9
As at August 31, 2009, our estimates of fair values of all reporting units, except for CW Media television and Publishing exceeded their respective carrying values by at least 20%. As at August 31, 2009, our estimate of fair values of indefinite life intangibles for all reporting units, except for certain Publishing mastheads, exceeded their respective carrying values by at least 20%. Accordingly, the goodwill of CW Media and Publishing as well as certain Publishing mastheads are at greater risk of impairment should future valuations result in the determination of lower values.


Canwest 1/3, so times 3*163 million total operating income?

CW Media 376,249 360,024 163,950 120,571

In addition to the above sources of liquidity, CW Media had $50 million available under its revolving credit facility at
August 31, 2009.


CW Media television 478,908 - - (1,618)(3) 477,290



838 million of CW debt on Canwest books