CERTYNEX IFRS ACADEMY

In addition to its main furniture manufacturing business, Hautbois operates a public pay car park next to its head office. The car park collects its own hourly takings, unrelated to furniture sales. An indication of impairment affects the car park. At what level should its recoverable amount be estimated?

No test is needed, because the car park is not part of the entity's main business.

At the level of the head office, to which the car park is physically attached, grouping both assets in a single calculation.

At the level of a CGU grouping all the entity's assets, since the car park is not the main business.

At the level of the car park itself, which generates largely independent cash inflows.