Air Méridane owns a transferable landing slot, not amortised because its useful life is indefinite, which it revalues by reference to an active market. The revaluation surplus accumulated for this slot amounts to 60,000. At the reporting date, the slot is carried at 410,000 before revaluation, while the market now values it at 388,000. Ignore deferred tax effects. Which portions of the decrease go to other comprehensive income and to profit or loss respectively?
- Accumulated revaluation surplus of the slot
- 60,000
- Carrying amount before revaluation
- 410,000
- Fair value at the year-end
- 388,000