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13602


IAS 36: Keywords


 Impaired
An asset is impaired if recoverable amount is smaller than carrying amount.

Recoverable amount
The higher of (1) and (2)
(1) fair value less costs to sell
(2) value in use

Recoverable amount is fair value less costs to sell,
unless its value in use is higher.

Carrying amount
Amount recognised in the financial statements,
after deducting (3) and (4)
(3) accumulated depreciation
(4) accumulated impairment losses
 

   
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