CERTYNEX IFRS ACADEMY

The Foundry Workshop CGU of Malbrun, with no goodwill, comprises a furnace with a carrying amount of 100,000 and other assets of 300,000. Its recoverable amount is 320,000. The furnace is damaged: its value in use cannot be estimated individually and its fair value less costs of disposal is 70,000. No other asset has a binding floor. What impairment loss should be recognised on the furnace?

30,000: the furnace is brought down to its fair value less costs of disposal of 70,000.

20,000, its share of the unit's loss.

None, since the value in use of the furnace cannot be determined.

80,000, i.e. the whole loss of the unit, allocated to the damaged asset.