528 paragraphs found in AASB 136
The significant export restriction and the resulting production decrease require T also to estimate the recoverable amount of the Country A operations at the beginning of …
T uses straight-line depreciation over a 12-year life for the Country A identifiable assets and anticipates no residual value. …
To determine the value in use for the Country A cash-generating unit (see Schedule 2), T: (a) prepares cash flow forecasts derived from the most recent financial budgets/forecasts for the next five years (years 20X2–20X6) approved by management. (b) …
The recoverable amount of the Country A cash-generating unit is CU1,360. …
T compares the recoverable amount of the Country A cash-generating unit with its carrying amount (see Schedule 3). …
Because the carrying amount exceeds the recoverable amount by CU1,473, T recognises an impairment loss of CU1,473 immediately in profit or loss. The carrying amount of the goodwill that relates to the Country A operations is reduced to zero before …
Tax effects are accounted for separately in accordance with AASB 112 Income Taxes (see Illustrative Example 3A). Schedule 2. Calculation of the value in use of the Country A cash-generating unit at the beginning of …
Year Long-term growth rates Future cash flows Present value factor at 15% discount rate(a) Discounted future cash flows CU CU 20X2 (n=1) 230(b) 0.86957 200 20X3 253(b) 0.75614 191 20X4 273(b) 0.65752 180 20X5 290(b) …