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Write-offs and interest bleed iSoft

Heavy impairments and debt have combined to gouge a hole in the bottom line of leading Australian health management and patient records software developer iSoft.

Julian Bajkowski
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Heavy impairments and debt have combined to gouge a hole in the bottom line of leading Australian health management and patient records software developer iSOFT.

The company on Friday posted a net loss after tax of $84 million for the half year ended December 31st 2010, after it took a razor to the book value of intangible assets.

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    Original URL: https://www.afr.com/technology/write-offs-and-interest-bleed-isoft-20110225-ilkwb