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The most trickiest question was the impairment of financial asset. It was 9marks. I think which I may be wrong, I’m not perfect, that you had to discuss before the recession period which was 12 months loss allowance, during the recession where there was objective evidence and so lifetime loss allowance. And the entity gave loans to 2 customers even during the recession. So those loans were already credit impaired i.e originated or purchased credit impaired loans.
No way you can get negative goodwill. Because the subsidiary belonged to a CGU and there is a limit to the goodwill. Then other assets pro rata. After grossing up the goodwill and including in the impairment analysis, the amount you deduct from goodwill calculation is 70% and not the whole 100% which includes that of the NCI.