CERTYNEX IFRS ACADEMY

The Tessaro group is testing a biscuit factory. The factory supplies the group's exclusive distribution network, which gives it synergies that no other buyer would obtain. The head of strategy prepares both the fair value less costs of disposal and the value in use of the factory. Which statements are correct? (several answers)

The synergies with Tessaro's exclusive network may be reflected in value in use

These synergies must also be included in fair value, since they are real for Tessaro

Fair value rests on the assumptions market participants would use

Value in use is obtained by estimating the cash flows from use and from ultimate disposal of the factory, then discounting them

Since the two measures must converge, value in use must be aligned with fair value