Access Tesco PLC home web page and download: the annual report for 2021.available at:

https://www.tescoplc.com/media/757589/tesco_annual_report_2021.pdf

Answer the following questions:

1. Tesco Company reported impairment losses for the impairment of goodwill in its annual report for 2021. Referring to Tesco's 2021 annual report, address the following:

1. State the amounts of impairment losses of goodwill. (3 marks)
2. Which cash generating unit suffered an impairment loss of goodwill? (2 marks)
3. What were the underlying business reasons that required Tesco to record a goodwill impairment in 2021? (5 marks)
4. How did Tesco reflect the 2021 goodwill impairment in its income statement and cash flow statement? (5 marks)

Write your answer in the space provided in the following table:

	Answer	Page(s) in Annual report
Amounts of impairment losses
cash generating unit suffered an impairment loss of goodwill
the underlying business reasons that required Tesco to record a goodwill impairment
How did Tesco reflect the 2020 goodwill impairment in its income statement and cash flow statement?

*** Answers not provided in a tabular format will be disregarded