Westpac Banking (WBKCY) Asset Writedowns and Impairment (2011 - 2013)

Westpac Banking (WBKCY) has reported Asset Writedowns and Impairment for 8 consecutive years, with $444.0 million the latest figure, recorded in Q3 2017.

• Asset Writedowns and Impairment for Q3 2017 came in at $444.0 million, down 11.55% year-over-year; the trailing twelve-month figure through Sep 2017 was $1.4 billion (up 42.89% YoY), and the FY2016 annual result was $1.3 billion, changed N/A from the prior year.
• Asset Writedowns and Impairment was $444.0 million for Q3 2017 at Westpac Banking, down from $502.0 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $502.0 million in Q3 2016 and troughed at -$30.0 million in Q3 2013.
• Average Asset Writedowns and Impairment over 4 years is $349.0 million, with a median of $462.0 million recorded in 2015.
• Year-over-year, Asset Writedowns and Impairment tumbled 220.0% in 2013 and grew 4.58% in 2016.
• Over 4 years, Asset Writedowns and Impairment stood at -$30.0 million in 2013, then soared by 1700.0% to $480.0 million in 2015, then gained by 4.58% to $502.0 million in 2016, then dropped by 11.55% to $444.0 million in 2017.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $444.0 million in Q3 2017, $502.0 million in Q3 2016, and $480.0 million in Q3 2015.