Allocation of impairment loss for goodwill (proportion method)

1. Gross up goodwill to 24.5. 2. Add to other net assets making a total of 130.5. 3. Compare to recoverable amount of 100, making a loss of 30.5. 4. allocate loss: - 24.5 to goodwill - balance to other non current assets And watch my debrief again!

Not sure either. :) The marks are given if you: 1. Do the calculation 2. Say in a simple sentence that the goodwill needs grossing up See my recorded debriefs for examples of what to write.