Alba SA holds an interest in Brise SA, an associate, and there is objective evidence of impairment. The whole carrying amount of the investment, including goodwill, is 1,800,000. Its value in use is 1,500,000 and its fair value less costs of disposal is 1,650,000. Calculate the recoverable amount of the investment and the impairment loss.
- Whole carrying amount of the investment (including goodwill)
- 1,800,000
- Value in use
- 1,500,000
- Fair value less costs of disposal
- 1,650,000