Analysis: RSLs' 08/09 impairments top £164m, majority booked by mixed groups
News · Vol.22 No.2 · 04-02-2010 · Kate Allen, Social Housing magazine ·
Traditional RSLs take proportionally greater hit, based on per-unit analysis; Welsh and Northern Irish associations relatively clear.
Corrections
We reported Raglan HA's property impairment in 2008/09 was £1.6 million. This was incorrect; the figure related to the previous year. The correct figure for 2008/09 is £24,000.
We reported that Somer HG's property impairment in 2008/09 was £0.4 million. This was incorrect; the figure related to the previous year. Somer did not book any impairment in 2008/09.
We reported that Family Mosaic's property impairment in 2008/09 was £7.6 million. This was incorrect; this figure is a write-back. The correct impairment figure is £2.6 million.
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