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What amount of impairment loss maiden company recognize

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Question - Maiden Company has two cash-generating units, Yellow and Blue. There is no goodwill within the units' carrying values. The carrying values are Yellow Php 10,000,000 and Blue Php 15,000,000. Maiden Company has an office building that has not been included in the above values and can be allocated to the units on the basis of their carrying values. The office building has a carrying value of Php 5,000,000. The recoverable amounts are based on value-in-use of Php 9,000,000 for Yellow and Php 19,000,000 for Blue.

Required -

What amount of impairment loss should Maiden Company recognize on the cash-generatingunit Yellow?

What amount of impairment loss should Maiden Company recognize on the cash generating unit Blue?

Reference no: EM132797926

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