Impact of impairment:

Item	Impact
Cash flow	No impact due to no cash flow takes place
Assets	Lower
Liabilities	No impact
Equity	Lower due to lower income
Net income*	Lower as write-down is reported above the line
Profitability (ROE, ROA)	Lower as lower NI outweighs lower equity
Leverage (Debt/Equity)	Lower as lower NI outweighs lower equity
Liquidity (Current ratio)	No impact
Asset turnover	Higher due to lower assets

* Future income is boosted as lower asset values lead to lower depreciation.