Total impairment charges in the first half of the year were £53 million.

The company said its most recent results included a $1.52 billion impairment charge.

In the second quarter, the company took a $2.8 million impairment charge.

In the first half year, the bank set aside $583 million for impairment charges.

The impairment charges were almost exclusively on land held for future development.

In recent months, many other financial service companies have recorded impairment charges for the same reason.

The big impairment charge had been expected,' one trader said.

In such a case the impairment charge would be zero (or very small).

After the goodwill impairment charge, the business is now in the books for around £115m.

At the time, it also took a $2.9 billion impairment charge to write down the value of its assets.

These impairment charges are reflected as special items in 2011 results.

Any additional impairment charge was not expected to exceed $200 million.

No impairment charge was recorded during the second quarter of 2009.

The bank wrote off another £2.4 billion in bad loans and other credit impairment charges.

In addition, the bank continued to write back loan impairment charges.

That will be the decisive factor whether a company takes an impairment charge.

It also posted a loss for the period due to an impairment charge.

The company said it recorded an impairment charge of $15.78 per share during the quarter.

However, it said impairment charges fell 21 per cent in the second half of the year.

Sector growth is still coming from a low base, although there remains a risk of future impairment charges.

The latest results included asset impairment charges of $200 million.

Impairment charge to fall “moderately” in 2010 according to Barclays.

To date, impairment charges taken by Southwest have been limited.

Additionally, prior year results included an impairment charge of $10 million at education.

A reliable estimate of the impairment charge is not possible at this time.