Unformatted text preview: sposal of the operation.
Goodwill disposed of in this manner is measured based on the relative values of the operation disposed of and the
portion of the cash-generating unit retained.
Any impairment is recognised immediately in profit or loss and is not subsequently reversed.
q) Impairment of assets
The carrying amount of tangible and intangible assets are reviewed annually to determine whether there is any
indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of
the asset is estimated in order to determine the extent of the impairment loss (if any). Where the asset does not
generate cash flows that are independent from other assets, the recoverable amount of the cash-generating unit to
which the asset belongs is estimated.
Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment
annually and whenever there is an indication that the asset may be impaired.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the
estimated future cash flows are discounted to their present value using a pre-tax di...
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This document was uploaded on 02/06/2014.
- Spring '14