The Belcastor group acquired Calvidra in March 20X5 (twelve-month measurement period, case data). Two acquired deferred tax benefits, not recognised at the acquisition, are recognised later: 180,000 in November 20X5, following new information about losses that existed at the acquisition date; 95,000 in June 20X6, following higher taxable profits than expected. The related goodwill amounts to 1,500,000. Compute the total reduction in goodwill and the income recognised in profit or loss.
- Benefit recognised in November 20X5
- 180,000
- Benefit recognised in June 20X6
- 95,000
- Related goodwill
- 1,500,000