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Notes to the Consolidated Financial Statements31 December 2024142ADVANCING AHEAD2.4MATERIAL ACCOUNTING POLICIES (continued)Impairment of non-financial assetsWhere an indication of impairment exists, or when annual impairment testing for an non-financial asset is required (other than inventories, construction contract assets, deferred tax assets, investment properties and non-current assets/a disposal group classified as held for sale), the asset%u2019s recoverable amount is estimated. An asset%u2019s recoverable amount is the higher of the asset%u2019s or cash-generating unit%u2019s value in use and its fair value less costs of disposal, and is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other assets or groups of assets, in which case the recoverable amount is determined for the cash-generating unit to which the asset belongs.In testing a cash-generating unit for impairment, a portion of the carrying amount of a corporate asset (e.g., a headquarters building) is allocated to an individual cash-generating unit if it can be allocated on a reasonable and consistent basis or, otherwise, to the smallest group of cash-generating units.An impairment loss is recognised only if the carrying amount of an asset exceeds its recoverable amount. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. An impairment loss is charged to profit or loss in the period in which it arises in those expense categories consistent with the function of the impaired asset.An assessment is made at 31 December 2024 and 2023 as to whether there is an indication that previously recognised impairment losses may no longer exist or may have decreased. If such an indication exists, the recoverable amount is estimated. A previously recognised impairment loss of an asset other than goodwill is reversed only if there has been a change in the estimates used to determine the recoverable amount of that asset, but not to an amount higher than the carrying amount that would have been determined (net of any depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of such an impairment loss is credited to profit or loss in the period in which it arises.Related partiesA party is considered to be related to the Group if:(a)the party is a person or a close member of that person%u2019s family and that person:(i)has control or joint control over the Group;(ii)has significant influence over the Group; or(iii)is a member of the key management personnel of the Group or of a parent of the Group; or