Impairment loss under U.S. GAAP and IFRS

Impairment loss under U.S. GAAP and IFRS

G	Carrying value (*)				$1,425
G	Fair value				$1,475
G's identifiable net assets	Fair value				$1,350
G	Recoverable amount				$1,430

(*) including goodwill

U.S. GAAP


Fair value = 1,475 > Carrying value = 1,425
The goodwill is not impaired. Thus, no impairment loss is recognized.


IFRS


Recoverable amount = 1,430 > Carrying value = 1,425
No impairment loss is recognized.