In case the previous rule is used, even further allocation in the impairment decline is created Professional rata to one other assets in the unit (group of models).
A bus organization supplies solutions less than contract that has a municipality that requires minimum assistance on Every single of 5 independent routes. Belongings dedicated to Just about every route and the cash flows from Each and every route may be identified individually. Among the list of routes operates at a substantial decline.
the amount of impairment losses recognised in gain or reduction As well as in other complete revenue throughout the time period.
Even though component or the entire output made by an asset or a gaggle of property is used by other units on the entity (by way of example, products and solutions at an intermediate phase of a production method), this asset or team of property kinds a different cash‑creating unit Should the entity could promote the output on an active market. This is because the asset or team of property could crank out cash inflows that may be mostly unbiased of your cash inflows from other property or groups of belongings.
an entity utilizes costs prevailing for the day in the estimate for comparable assets that have reached the tip in their practical everyday living and also have operated below ailments similar to All those in which the asset will be made use of.
Description of causes for transform in valuation system utilized to measure reasonable benefit considerably less expenditures of disposal Disclosure Textual content
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If there is an indication that an impairment reduction recognised for an asset other than goodwill may perhaps no more exist or may have reduced, this will likely indicate that the remaining practical lifestyle, the depreciation (amortisation) strategy or maybe the residual value may perhaps need to be reviewed and adjusted in accordance Together with the IFRS applicable to your asset, even when no impairment loss is reversed to the asset.
The latest recoverable quantity calculation resulted within an amount that exceeded the carrying volume of the device by a considerable margin; and
is the amount at which an asset here is recognised right after deducting any amassed depreciation (amortisation) and accrued impairment losses thereon.
If there is any indication that an asset can be impaired, recoverable amount of money shall be estimated for the individual asset. If it is not possible to estimate the recoverable volume of the person asset, an entity shall ascertain the recoverable degree of the cash‑creating unit to which the asset belongs (the asset’s cash‑creating unit).
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Every single key assumption on which administration has centered its resolve of good price considerably less charges of disposal. Important assumptions are These to which the device’s (group of models’) recoverable amount of money is most delicate.
measured on The premise in the relative values of the operation disposed of as well as percentage of the cash‑making device retained, Except if the entity can reveal that Another process far better displays the goodwill associated with the Procedure disposed of.