The Estérel group acquired 60 % of Mirabel, which on its own forms a CGU; minority interests were measured at the proportionate share of identifiable net assets. The goodwill in the consolidated statement of financial position is 300,000, Mirabel's identifiable net assets are carried at 2,000,000 and the recoverable amount of the unit is estimated at 1,900,000. Notional goodwill is obtained by extrapolating goodwill in proportion to the ownership percentage (given). No individual floor is binding (given). Determine the loss recognised on goodwill, the loss allocated to the other assets and the total loss recognised.
- Percentage acquired by the group
- 60 %
- Goodwill in the consolidated statement of financial position
- 300,000
- Mirabel's identifiable net assets
- 2,000,000
- Recoverable amount of the unit
- 1,900,000