Fair value: related pages

Operating profit adjusted for non-cash or one-off items to give a better indication of underlying trends.

Acquisitions are said to be earnings accretive if they increase EPS.

Goodwill arises when a company buys another business at a price greater than the book value.

An asset value based on the actual purchase cost, or the accounting principle that requires this.

International Financial Reporting Standards are accounting standards set by the International Accounting Standards Board.

The cost shown in the profit and loss account as the result of a fall in the value of an asset.

Requires that the buyer must be identified, and therefore goodwill created, in accounting for mergers and acquisitions.

Operating profit adjusted by excluding certain items, in order to give a better view of the underlying results.