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Unformatted text preview: for deductible temporary differences as management considers that it is probable
that future taxable profits will be available to utilise those temporary differences.
Impairment of non-financial assets other than goodwill
The Group assesses impairment of all assets at each reporting date by evaluating conditions specific to the Group and
to the particular asset that may lead to impairment. These include product performance, technology, economic and
political environments and future product expectations. If an impairment trigger exists the recoverable amount of the
asset is determined. Management do not consider that the triggers for impairment testing have been significant
enough and as such these assets have not been tested for impairment in this financial period.
32 Wellcom Group Limited
Notes to the Consolidated Financial Statements 2. Summary of significant accounting policies (continued)
d) Significant accounting judgements, estimates and assumptions (continued) For personal use only (ii) Significant accounting estimates and assumptions
Impairment of goodwill
The Group determines whether goodwill is impaired at least on an annual basis. This requires...
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- Spring '14