Page 50 - 2018 FAC4864 Test 4 slides - Borrowing Costs & IFRS 5
P. 50
NON-CURRENT ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS
Example 2 (cont of example 1)
• The impairment loss calculated in example 1
amounted to R24 000 and the whole amount will
appear in the statement of comprehensive income
(P/L).
• Since the total non-current assets subject to
impairment amounted to R824 000 (= 150 000 +
494 000 + 180 000), the allocation of the
impairment loss to the individual assets will be as
follows:
50
