| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
|
1
|
||||||
|
1
|
2019 | 2018 | 2017 | |||
|
2
|
MUR'000 | MUR'000 | MUR'000 | |||
|
3
|
||||||
|
4
|
At 01 July | 134,903 | 134,903 | 134,903 | ||
|
5
|
Impairment loss recognised | (134,903) | - | |||
|
6
|
At 30 June | - | 134,903 | 134,903 | ||
|
7
|
||||||
|
8
|
The directors are of the opinion that goodwill arising from the acquisition of
AfrAsia Capital Management Ltd is fully impaired at 30 June 2019 as a result of the fall in its
finacial performance. The annual impairment review has been based on a value in use calculation using cash flow projections from financial budgets reviewed by senior management covering a five-year period. |
|||||
|
9
|
The following assumptions have been used in the assessment of intangible assets with indefinite life | |||||
|
10
|
||||||
|
11
|
ACML | |||||
|
12
|
2019 | 2018 | 2017 | |||
|
13
|
% | % | % | |||
|
14
|
Discount rates | 15.6% | 12.0% | 19.0% | ||
| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
|
1
|
2019 | 2018 | 2017 | |||
|
2
|
MUR'000 | MUR'000 | MUR'000 | |||
|
3
|
||||||
|
4
|
At 01 July | 134,903 | 134,903 | 134,903 | ||
|
5
|
Impairment loss recognised | (134,903) | - | |||
|
6
|
At 30 June | - | 134,903 | 134,903 | ||
|
7
|
||||||
|
8
|
The directors are of the opinion that goodwill arising from the acquisition of
AfrAsia Capital Management Ltd is fully impaired at 30 June 2019 as a result of the fall in its
finacial performance. The annual impairment review has been based on a value in use calculation using cash flow projections from financial budgets reviewed by senior management covering a five-year period. |
|||||
|
9
|
The following assumptions have been used in the assessment of intangible assets with indefinite life | |||||
|
10
|
||||||
|
11
|
ACML | |||||
|
12
|
2019 | 2018 | 2017 | |||
|
13
|
% | % | % | |||
|
14
|
Discount rates | 15.6% | 12.0% | 19.0% | ||
| A | B | C | D | E | F | |
|---|---|---|---|---|---|---|
|
1
|
2019 | 2018 | 2017 | |||
|
2
|
MUR'000 | MUR'000 | MUR'000 | |||
|
3
|
||||||
|
4
|
At 01 July | 134,903 | 134,903 | 134,903 | ||
|
5
|
Impairment loss recognised | (134,903) | - | |||
|
6
|
At 30 June | - | 134,903 | 134,903 | ||
|
7
|
||||||
|
8
|
The directors are of the opinion that goodwill arising from the acquisition of
AfrAsia Capital Management Ltd is fully impaired at 30 June 2019 as a result of the fall in its
finacial performance. The annual impairment review has been based on a value in use calculation using cash flow projections from financial budgets reviewed by senior management covering a five-year period. |
|||||
|
9
|
The following assumptions have been used in the assessment of intangible assets with indefinite life | |||||
|
10
|
||||||
|
11
|
ACML | |||||
|
12
|
2019 | 2018 | 2017 | |||
|
13
|
% | % | % | |||
|
14
|
Discount rates | 15.6% | 12.0% | 19.0% | ||