CERTYNEX IFRS ACADEMY

The Hautvent group has two 75%-owned subsidiaries, each forming a CGU. For the subsidiary Lys, non-controlling interests were measured at their proportionate share of identifiable net assets; for the subsidiary Iris, they were measured at fair value. For which of these CGUs must goodwill be notionally grossed up before the impairment test?

For both CGUs, because any subsidiary with non-controlling interests requires a gross-up.

For the Lys CGU only.

For the Iris CGU only, whose non-controlling interests are measured at fair value.

For neither: the notional gross-up only serves disclosure in the notes.