CERTYNEX IFRS ACADEMY

A crane truck owned by Fontrieu is used on a construction site and does not generate largely independent cash inflows. Its fair value less costs of disposal, observed on the second-hand market, is 310,000, against a carrying amount of 260,000. What can the entity conclude?

It may determine the recoverable amount of the crane truck itself: it exceeds its carrying amount, which is therefore not impaired.

It cannot conclude anything until the crane truck's value in use has been calculated on its own.

It must use the carrying amount of 260,000 as recoverable amount.

It must necessarily estimate the recoverable amount of the site's CGU, since the crane truck does not by itself generate independent cash inflows.