528 paragraphs found in AASB 136
Management approved budgets reflect: (a) estimated costs necessary to maintain the level of economic benefit expected to arise from the machine in its current condition; and (b) that in 20X4, costs of CU25,000 will be incurred to enhance the machine’s …
At the end of 20X4, costs to enhance the machine’s performance are incurred. The machine’s estimated future cash flows reflected in the most recent management approved budgets are given in paragraph IE60 and a current discount rate is the same as at the …
The machine’s recoverable amount (value in use) is less than its carrying amount. Therefore, F recognises an impairment loss for the machine. Schedule 2. Calculation of the impairment loss at the end of 20X0 Machine CU Carrying amount before …
No event occurs that requires the machine’s recoverable amount to be re-estimated. Therefore, no calculation of recoverable amount is required to be …
The costs to enhance the machine’s performance are incurred. Therefore, in determining the machine’s value in use, the future benefits expected from enhancing the machine’s performance are considered in forecasting cash flows. This results in an increase …
The machine’s recoverable amount (ie value in use) is higher than the machine’s carrying amount and depreciated historical cost (see Schedule 4). Therefore, K reverses the impairment loss recognised for the machine at the end of 20X0 so that the machine …