The private operator Ecodepots runs a waste landfill site, which is a CGU. The carrying amount of the facilities is 860,000. A provision for closure and rehabilitation of the site is recognised for 240,000; a sale of the site would transfer this obligation to the purchaser. A purchaser would pay, for the site and the obligation, a fair value less costs of disposal of 560,000. Value in use calculated before any closure outflows amounts to 830,000. Calculate the carrying amount to be compared, the recoverable amount and the impairment loss.
- Carrying amount of the facilities
- 860,000
- Site closure provision
- 240,000
- Fair value less costs of disposal, obligation included
- 560,000
- Value in use before closure outflows
- 830,000