Advent ia e publiely listed compeny. Deteila of Advent's non-current essets et 1 October 20X3 were: Lend end Flent Telecommunicetiona Totel building licence Sm Sm Sm Sm Cost/valuetion 280 300 730 Accumuleted deprecietion/emortisetion (40) (105) (30) (175) Carying emount 240 45 270 555 The following information ia relevent: (0 The lend end building were revelued on 1 October 20XS with SB0 million ettributeble to the lend end $200 million to the building. At thet dete the estimeted remeining life of the building wes 25 yeers. A further reveluetion wes not needed until1 October 20X8 when the lend and building were velued e: $85 million end $180 million reapectively. The remaining estimated life of the building at this dete wes 20 yeara. (i) Plent ia deprecieted et 20% per annum on cost with time epportionment where eppropriete. On 1 April 20X9 new plant costing $45 million we: scouired. In eddition, this plent cost $5 million to install end commiasion. No plant ia more then four yeera old. ii) The telecommunicetions licence wes bought from the government on 1 October 20X7 end hes e ten-yeer life. Its emortised on e streight line besis. In September 20X9, e review of the seles of the products releted to the licence ahowed them to be very diseppointing. Aa a result of this review the estimeted recovereble emount of the licence et 30 September 20X9 wes estimeted et only $100 million. There were no diaposela of non-current essets during the yeer to 30 September 20X9. QUESTION 14 What is the carrying amount of the land and buildings at 30 September 20x97 $256m $265m $240m C $271m QUESTION 15 What is the depreciation charge on the plant for the year ended 30 September 20X9? O $30m $25m $20m $35m QUESTION 16 Heving revelued ita property Advent ia required to make certain ciaclcaures in respect of the revaluation. Which one of the following is NOT one of these disclosures? Effective dete of reveluetion Professionel quelificetions of veluer Besis used to revelue esseta Cerrying emount of esseta if no reveluetion hed taken plece QUESTION 17 What is the amount of the impairment loss on the licence? $200m $170m $140m $60m QUESTION 18 Advent's licence is now carried st its recoverable amount. How is recoverable amount measured? Higher of feir velue less costs of diaposel end velue in use Lower of feir velue lesa coata of diaposal end velue in use Higher of cerrying emount end feir value leas costa of diapcael Lower of cerrying emount end feir velue lesa costa of disposel