In preparing the financial statements of R Ltd for the year ended 31.3.2018, you come across the following information. State with reasons, how would you deal with them in the financial statements :

An unquoted long-term investment is carried in the books at a cost of ₹2,00,000. The published accounts of the unlisted company received in March, 2018 showed that the company was incurring cash losses with declining market share and the long-term investment may not fetch more than ₹20,000.