CERTYNEX IFRS ACADEMY

Valmont plans to sell an industrial press. Which of the following costs is a cost of disposal to be deducted from the fair value of the press?

Termination benefits of the press operators, payable after the sale

Dismantling and removing the press before its delivery

An appraisal invoice on the press, already recognised as a trade payable at the year-end

Reorganising the remaining production lines after the disposal