Can anybody explain me the marked text and the related illustration. This is related to allocation of assets and liab to CGU under Ind as 36
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You remember the concept of impairment when we calculate FV LESS CTS
For Imapirment we check 2 value
a) Value in use
b) FV less CTS
we take the higher of a and b
if its lower than book value impairment is required or else no impairment
now coming to the illustration bv was 500 and higher of a and b was 800
so impairment wasn’t required