CERTYNEX IFRS ACADEMY

Usselane is merging two head offices into one. Continuing staff will be relocated to the new head office, at a moving and installation cost of 310,000. Is this cost included in the restructuring provision?

Yes, because the relocation is decided as part of the restructuring.

No: relocating continuing staff relates to the future conduct of the business.

Yes, for half, as both head offices are concerned.

Yes, if the cost is reliably estimated.