The 2019 IFRS-based financial statements of Airbus Group, the French-based airline manufacturer, included the following account information

Question:

The 2019 IFRS-based financial statements of Airbus Group, the French-based airline manufacturer, included the following account information (in million euros):

INSTRUCTIONS:

a. Explain the meaning of each of the 2019 disclosures.

b. Estimate the balance sheet carrying amount of the investments in associates disposed of during 2019.

c. Was there a gain or loss on the disposal? How large?

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Financial Accounting

ISBN: 978-1119745327

11th Edition

Authors: Jamie Pratt, Michael F Peters

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