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Siemens: depreciation of wind turbines?

181806_316_siemensSiemens could pass in its accounts an impairment on its wind turbines may reach several hundred million euros, today reports the Süddeutsche Zeitung . Citing industry sources, the German daily reports that the German conglomerate decided to write this asset because of quality issues. In the first nine months of 2014, the benefit of the wind division of Siemens fell by 60% mainly due to a lower contribution from offshore operations, higher production costs and cost replacement of defective. parts Siemens, which will publish its findings Thursday in 2013-2014, declined to comment.