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P2-D2.
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tinaboy
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Hie Mike,
why is it that Liene doesn’t have a share of goodwill impairment yet in the previous example , Vitalis a subsidiary also had a percentage of goodwill impairment . Does this only apply to D shaped groups?
thanks
tinaboy
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ok i got it Mike. Liena NIC is on a proportionate basis
P2-D2
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Correct.
If NCI is measured using the proportionate share of net assets then the goodwill on the group SFP will be that of the parent only and so any impairment is taken to the parent’s reserves only.
If NCI is measured using the fair value method then the goodwill on the group SFP is that of the parent and NCI (full goodwill) and so any impairment is split between the parent and NCI.
Thanks
tinaboy
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