Broadbeach Plc Is a Manufacturing Company with Three Subsidiaries What Is the Carrying Amount of Goodwill as at 30

Broadbeach Plc is a manufacturing company with three subsidiaries.The following information relates to the goodwill account of Broadbeach Plc for the year ended 30 June 2013: $$\begin{array} { | l | r | r | r | r | } \hline\text { (in dollars) } & \text { Goodwill } & \begin{array} { c } \text { Accumulated } \\\text { impairment loss }\end{array} & \begin{array} { c } \text { Carrying amount } \\\text { of CGU }\end{array} & \begin{array} { c } \text { Recoverable amount } \\\text { of CGU }\end{array} \\\hline \text { Mantra Ltd } & 50000 & 10000 & 250000 & 270000 \\\hline \text { Oceania Ltd } & 40000 & \text { Nil } & 310000 & 250000 \\\hline \text { Wave Ltd } & 60000 & \text { Nil } & 450000 & 600000 \\\hline\end{array}$$ What is the carrying amount of goodwill as at 30 June 2013 consistent with IAS 36 Impairment of Assets?

A) Zero
B) £100 000
C) £140 000
D) £150 000

Correct Answer:

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