(IFRS) for Small and Medium-sized Entities (SMEs)

IFRS FOR SMES – JULY 2009(d)(e)Any excess amount of the reversal of the impairment loss that cannot beallocated to an asset because of the restriction in (c) above shall be allocatedpro rata to the other assets of the cash-generating unit, except for goodwill.After a reversal of an impairment loss is recognised, if applicable, the entityshall adjust the depreciation (amortisation) charge for each asset in thecash-generating unit in future periods to allocate the asset’s revisedcarrying amount, less its residual value (if any), on a systematic basis overits remaining useful life.Disclosures27.32 An entity shall disclose the following for each class of assets indicated inparagraph 27.33:(a)(b)the amount of impairment losses recognised in profit or loss during theperiod and the line item(s) in the statement of comprehensive income (andin the income statement, if presented) in which those impairment lossesare included.the amount of reversals of impairment losses recognised in profit or lossduring the period and the line item(s) in the statement of comprehensiveincome (and in the income statement, if presented) in which thoseimpairment losses are reversed.27.33 An entity shall disclose the information required by paragraph 27.32 for each ofthe following classes of asset:(a)(b)(c)(d)(e)(f)inventories.property, plant and equipment (including investment property accountedfor by the cost method).goodwill.intangible assets other than goodwill.investments in associates.investments in joint ventures.© IASCF 165