The professional sports club Tormelis obtained an image broadcasting right on 1 January 20X2 for 90,000, usable immediately and amortised on a straight-line basis over 5 years, with no residual value. On 30 June 20X4, it resells this right to a television channel for 52,000 and bears 2,000 of deed costs, without prior classification as held for sale (IFRS 5). Its financial year is the calendar year. Determine the carrying amount of the right on the day of the resale and the result arising.
- Cost of the broadcasting right
- 90,000
- Useful life
- 5
- Resale price
- 52,000
- Deed costs related to the resale
- 2,000