The name is absent

- to the extent that the impairment relates to goodwill in the cash generating unit,
the relative carrying amounts of the goodwill of the parts before the impairment;

- to the extent that the impairment loss relates to identifiable assets within the
cash-generating unit, the relative carrying amounts of the net identifiable assets of the
parts before the impairment. The allocation to each asset is done on a pro-rata basis of
the carrying amount of each asset (as outlined above).

For those parts of the cash generating unit that do not have a non-controlling
interest, the impairment loss is allocated in full to the parent.

The choice regarding the measurement of the non-controlling interest in a
subsidiary not only has implications for measuring goodwill at the acquisition date.
Where the goodwill is impaired subsequently, the effect on the profits attributed to the
shareholders of the parent and, consequently, the earnings per share figures will also
differ.

REFERENCES

Epstein, B. J., Jermakowicz, E. K. - IFRS 2007: Interpretation and Applying
International Accounting and Financial Reporting Standards, 2007, BMT Publishing
House

European Commission - Endorsement of revised IFRS 3 Business Combinations
and amended IAS 27 Consolidated and Separate Financial Statements, 2008,
http://ec.europa.eu

Feleaga, L., Feleaga, N., Vasile, C. - Conceptual Difficulties and the Feasibility
of Policies for the Company’s Goodwill, 2008, http://steconomice.uoradea.ro

Feleaga, N., Malciu, L. - Recognition, Measurement and Assessment in
International Accounting, 2004, C.E.C.C.A.R. Publishing House

Holt, G. - IFRS 3 (Revised), Business Combinations, 2009,
www.accaglobal.com

IASB - IFRS 3 Business Combination (2004), www.iasplus.org

IASB - IFRS 3 Business Combination (2008), www.iasplus.org

Modack, G. - IFRS 3 Business Combinations: old vs. new, Dec 2008/Jan 2009,
http://findarticles.com

PriceWaterhouseCoopers - IFRS 3 (Revised): Impact on Earnings. The crucial
Q&A for Decision-makers, 2008, http://www.pwc.com

Ristea, M., Dumitru, C. G. - Cautiousness and Aggressive in Accounting
Treatments, 2008, Economic Tribune Publishing House

Ristea, M. (coordinator) - Politics and Accounting Treatments regarding
Tangible Assets, 2007, Economic Tribune Publishing House

Ristea, M. (coordinator) - Financial Accounting, 2004, University Publishing
House

*** - Summary of 2008 Changes to IFRS 3, http://adl.ukzn.ac.za

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