the aggregate carrying amount of intangible property with indefinite handy life allocated to All those models (groups of units).
isn't going to consist of the carrying volume of any recognised legal responsibility, Unless of course the recoverable amount of the cash‑generating unit cannot be determined with out consideration of this liability.
The list in paragraph twelve just isn't exhaustive. An entity may possibly discover other indications that an asset could be impaired and these would also require the entity to find out the asset’s recoverable amount of money or, in the case of goodwill, carry out an impairment examination in accordance with paragraphs 80–ninety nine.
major alterations having an adverse impact on the entity have taken position throughout the time period, or will happen within the near upcoming, inside the technological, sector, economic or authorized environment where the entity operates or on the market to which an asset is devoted.
An impairment loss recognised in prior periods for an asset besides goodwill shall be reversed if, and only if, there has been a alter during the estimates employed to determine the asset’s recoverable amount For the reason that past impairment loss was recognised.
Description of key assumptions on which management has primarily based dedication of reasonable value a lot less charges of disposal Disclosure Text
an impairment loss is recognised for the asset if its carrying volume is larger than the upper of its honest worth less fees of disposal and the effects of your allocation strategies explained in paragraphs 104 and a hundred and five; and
the most crucial courses of property [Refer:paragraph 127] 36 cash impacted by impairment losses and the most crucial classes of assets impacted by reversals of impairment losses.
the future cash outflows employed to find out the worth in use of any other assets or cash‑generating units which might be affected by The inner transfer pricing.
If your assets constituting the cash‑making device to which goodwill has become allotted are tested for impairment simultaneously as the unit that contains the goodwill, they shall be analyzed for impairment before the unit made up of the goodwill.
An impairment decline with a non‑revalued asset is recognised in earnings or decline. On the other hand, an impairment reduction on a revalued asset is recognised in other detailed income towards the extent that the impairment loss won't exceed the quantity in the revaluation surplus for that very same asset. This kind of an impairment loss on a revalued asset lessens the revaluation surplus for that asset.
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In examining no matter if There is certainly any sign that an asset could possibly be impaired, an entity shall contemplate, to be a minimal, the next indications:
Paragraphs sixty six–108 and Appendix C established out the necessities for determining the cash‑creating unit to which an asset belongs and pinpointing the carrying number of, and recognising impairment losses for, cash‑creating models and goodwill.