At 31 December 20X4, the Belcastel group faces three situations: (a) goodwill of 800,000, arising from an acquisition made in December 20X4, has not yet been allocated, the initial allocation not being complete (a situation consistent with IAS 36, given); (b) goodwill of 1,200,000 is spread across 15 branches, each for a non-significant amount, the recoverable amount of 10 of them, which together carry 900,000 considered significant, being based on the same key assumption of revenue growth; (c) the Industry unit carries significant goodwill of 4,000,000. The finance director proposes to publish only a single table of goodwill by unit. Write a judgement memo.
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