Wellcom_FY11-Financial-Report

A segment level summary of the goodwill allocation is

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Unformatted text preview: ing to operating segment and country of operation. A segment-level summary of the goodwill allocation is presented below. Pre-media and related services – Australasia Pre media and related services – United Kingdom Web print – Australasia Total Goodwill 28,572 3,336 31,908 25,939 3,883 1,427 31,249 During the financial period, the Group assessed the recoverable amount of goodwill. The recoverable amount of each cash-generating unit is determined by value-in-use calculations. These calculations use cash flow projections based on financial budgets approved by management covering a five-year period. Cash flows beyond the five-year period are extrapolated using the estimated growth rates stated below. The growth rate does not exceed the long-term average growth rate for the business in which the CGU operates. b) Key assumptions used for value-in-use calculations Growth rate * 2010 2011 % % 5.0 5.0 5.0 5.0 3.0 n/a Pre-media and related services – Australasia Pre media and related services – United Kingd...
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This document was uploaded on 02/06/2014.

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