Company: RMIX
Filing Date: 2025-11-12
Form Type: S-4
Source: 0001104659-25-110488
Chunk: 628

Company: Suncrete, Inc.
Filing Date: 2025-11-12
Form: S-4
Chunk 628
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 in the deferred tax assets and liabilities.

No provision for United States federal, state, or local income taxes has been provided for Sand or Leasing and its subsidiary, as members are individually liable for taxes on their proportionate share of the income or loss.

Management has evaluated the Companies’ tax positions and concluded that the Companies have taken no uncertain tax positions that require adjustment to the consolidated financial statements to comply with the provisions of this guidance.

Goodwill: Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations. Goodwill is not amortized but is tested for impairment at least annually, or more frequently if events or changes in circumstances indicate that the carrying value may not be recoverable. The Companies perform its annual goodwill impairment test as of December 31, at the reporting unit level, which is generally one level below the operating segment.

The impairment test involves comparing the fair value of each reporting unit, including goodwill, to its carrying amount. If the fair value of a reporting unit exceeds its carrying amount, goodwill is considered not impaired. If the carrying amount exceeds the fair value, an impairment loss is recognized in an amount equal to the excess, not to exceed the total amount of goodwill allocated to that reporting unit. The fair value of reporting units is determined using a combination of discounted cash flow analyses and market-based valuation methods, which require management to make significant estimates and assumptions regarding future cash flows, growth rates, discount rates, and market comparables.

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TABLE OF CONTENTS

SRM, INC. DBA SCHWARZ READY MIX AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Years Ended December 31, 2024 and 2023 Note 1. Nature of Operations and Significant Accounting Policies (Continued) The Companies monitor for potential triggering events between annual impairment tests, such as significant adverse changes in the business climate, operating results, or market conditions, which could indicate that goodwill may be impaired. The Companies disclose the total carrying amount of goodwill and changes in the carrying amount during the period, including additions, impairment losses, and disposals. For each impairment loss recognized, the Companies disclose the facts and circumstances leading to the impairment, the amount of the loss, and the method of determining the fair value of the associated reporting unit. Goodwill is presented as a separate line item in the consolidated balance sheet. Impairment losses, if any, are presented as a separate line item in the consolidated statement