Management compensation disclosures in disarray Portuguese motorway concession-holder Brisa – Auto Estradas de Portugal gives no explanation for restatements of its disclosures of directors’ pay and publishes mutually inconsistent figures for the current year in its annual report.
When testing an associate for impairment, Danish transporter AP Moller-Maersk (Maersk) tells us that value in use cannot be lower than its share of the associate’s equity.
