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impairment of goodwill: Q1 June 2013- working 3

NNtwana9y ago
Hi, Please refer to working 3 of the solution June 2013. I have been battling to get the net asset of 2 220m used to calc good, please clarify.
P2-D2P2-D2Tutor9y ago#1
Hi, It is the net assets figure at the date the impairment was performed, which is the reporting date. The 2,220 million is then just the equity figure from the SFP of Park at the reporting date, as that is equal to the net assets. Thanks
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