Impairment of Goodwill proportionate Method

Very hard to get your head round, so always follow steps below: In our example the 'grossed up loss' is 40. Revised goodwill will be 80% of (35-35) = 0 So now I've used up 35 of the loss. That leaves 5 for the other assets. In the article the 'grossed up' loss is 50. Revised goodwill will be 60% of (500-50) = 270 We've used up all the loss. So nothing left for the other assets.

My pleasure.