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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:
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