Linetti Co acquired a division A from Scully Co, on 1 January 20X8 The carrying amount of the division A in the financial statements of Linetti Co on 31 December 20X8, immediately before an impairment review, were as follows 'm Goodwill 1 4 Brand name 2 0 Property, plant and equipment 6 0 Current assets (at recoverable amount) 2 4 11 8 The recoverable amount of division A was estimated at 9 6m on 31 December 20X8 and the impairment of division A was deemed to be 2 2m Assuming division A represents a cash generating unit, what is the carrying amount of the brand name on 31 December 20X8 following the impairment review in accordance with IAS 36 'Impairment of Assets' Select one a 1 2m b 1 45m c 1 73m d 1 8m

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Question: Linetti Co acquired a division A from Scully Co, on 1 January 20X8. The carrying amount of the division A in the financial statements of

Linetti Co acquired a division A from Scully Co, on 1 January 20X8. The carrying amount of the division A in the financial statements of Linetti Co on 31 December 20X8, immediately before an impairment review, were as follows:


	'm
Goodwill	1.4
Brand name	2.0
Property, plant and equipment	6.0
Current assets (at recoverable amount)	2.4
	11.8

The recoverable amount of division A was estimated at 9.6m on 31 December 20X8 and the impairment of division A was deemed to be 2.2m. Assuming division A represents a cash generating unit, what is the carrying amount of the brand name on 31 December 20X8 following the impairment review in accordance with IAS 36 'Impairment of Assets'?

Select one:

1.2m

1.45m

1.73m

1.8m

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