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The directors assess the company's tangible assets for evidence of impairment at each reporting date. Where there
are indicators of impairment, the directors calculate recoverable amount of the asset(s) and compare this with the
carrying amount. If recoverable amount is lower than carrying amount, the asset is written down to recoverable
amount by way of an impairment loss which is recognised in profit or loss for the year. Impairment losses are
reversed when there is evidence that the reasons giving rise to the original impairment loss have ceased to apply.
Impairment losses are reversed through profit and loss, but only to the extent that the reversal does not increase the
carrying amount of the asset to the amount which would have been stated, net of depreciation, had no impairment
loss been recognised.
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