A company is testing a CGU for impairment at the end of 21320. The CGU has a carrying amount of $820 million which includes $350 million of goodwill. The cash ow forecast is for ID years. The net cash ow 'om the CGU is expected to be 391:} million in 21321. and to grow by 6% my year until 21325. and then grow by 3% y year from 2025 to Edit). The fair value of the CGU is STSCI million [assume cost to sell in inconsequential). The company estimates that its discount rate [to he used in value-in-use calculations) is "rm/in. a. What is the goodwill impairment charge under IFRS? (Hint: you should use an Excel sheet to project the cash flows for the 10 years and then discount them to nd value-in-use. Also assume that cash flows occur at the end of the year. so for example. the cash ow in 21321 is received only at the end oflUEl]. Asstune the CGU is also a Reporting Unit (RU) under U.S. GAAP. What is the goodwill impairment charge under U.S. GAAP? Repeat parts a and h. but now assume that the carrying value of the goodwill is only 335 million (out of the total 3820 carrying value of the CGU.-"RU}. In addition to calculating the goodwill impairment under IFRS and US GM. calculate the impairment required for the other identifiable assets in the CGU under IFRS. and explain why you may not have enough information to calculate the impairment required for the other identiable assets in the RU under US GAAP. Go back to assuming that the carrying value of the goodwill is $350 million. Now assume that the company wants to do a sensitivity analysis and check what would he the goodwill impairment charge if assumptions were a hit more conservative. and specically. if the growth of cash flow until 2025 would he 5% a year instead of 6%. and the growth in the years 2026-2031:} would be zero instead of 3%. Solve parts a and b again with these new. more conservative. assumptions. (This part of the question is unrelated to the rest of the parts above). Assume a company has a Reporting Unit (RU) under US GAAP. In IFRS that RU would be split to two CGUs (CGU A and CCTU B). Calculate the goodwill impairment under IFRS and US GAAP using the following linformation [do not include impairment of other identifiable assets): CGUA CGUB Totalx'RU Carrying value of identiable 38D "EDD assets Carrying value of goodwill E Total carrying value Fair value Valueinuse