Impairment value > goodwill

Scenario 1 Goodwill down by 24 Other NCA down by 6 RE down by 80% of total loss - 24 NCI down by 20% of total loss - 6 Scenario 2 Goodwill down by 19.6 Other NCA down by 6 RE down by 19.6 RE also down by 80% of 6 NCI down by 20% of 6 In the exam remember the marks are mainly for explanation not calculation - I usually recommend that students say UP or DOWN rather than listing journals

Let's say for example that an item of PPE with a CA of 500 is destroyed in a fire. PPE down by 500 Profit down by 500 NCI would suffer their share of the loss when we spilt profits up at the bottom of the P&L So - NCI should be affected.