Feb 18 (Reuters) - APA Group APA.AX :
* EXPECTED TO RECOGNISE NON-CASH IMPAIRMENT OF APPROXIMATELY $249 MILLION (PRE-TAX) TO ITS ORBOST GAS PROCESSING PLANT
* IMPAIRMENT IS A NON-CASH ITEM AND IS NOT EXPECTED TO IMPACT FY21 UNDERLYING EBITDA, OPERATING CASH FLOW OR DISTRIBUTIONS
* SEES NON-CASH IMPAIRMENT ON ORBOST PLANT IN FINANCIALS FOR PERIOD ENDED DEC 31, 2020
* IMPAIRMENT CHARGE NOT EXPECTED TO IMPACT APA'S FY21 UNDERLYING EBITDA, OPERATING CASH FLOW OR DISTRIBUTIONS TO SECURITYHOLDERS