Sbr (int/UK) Strategic Business Reporting

 

7 

The impairment loss of $62 million should be allocated to property, plant and 

equipment and other intangible assets in proportion to their respective 

carrying amounts. 

(1 mark) 

Impairment will be allocated as follows: 

Property, plant and equipment $62m x ($846m/ ($846m + $428m)) = $41m 

Other intangible assets $62m x ($428m/ ($846m + $428m)) = $21m 

(1 mark) 

The assets and the liabilities of the disposal group should be separately 

presented within current assets and current liabilities on the face of the 

consolidated statement of financial position.  

(1 mark) 

Current assets will be $1,796 million ($836m + $10m + $428m – $62m 

+$584m).  

(1 mark) 

Current liabilities will be $576 million ($322m + $254m). 

(1 mark) 

Major classes of assets and liabilities should be disclosed separately in the 

notes to the financial statements.