The marina of Calanque Bleue measures its floating pontoons under the revaluation model. The main pontoon has just been revalued to its fair value at the reporting date, i.e. 410,000; its disposal would involve costs of disposal of 24,000 and its value in use, which is its recoverable amount, is 392,000. Its own revaluation surplus is 12,000, while the harbour master's office, another revalued asset, carries a surplus of 50,000. Determine the part of the loss recognised in other comprehensive income and the part recognised in profit or loss.
- Revalued amount of the main pontoon (fair value at the reporting date)
- 410,000
- Costs of disposal
- 24,000
- Recoverable amount of the main pontoon (value in use)
- 392,000
- Revaluation surplus of the main pontoon
- 12,000
- Revaluation surplus of the harbour master's office
- 50,000