Advent is a publicly listed company. Details of Advent$$s non$-$current assets as on $1$ Oct $20$X$8$ were

Land and Building $ million

Cost $/$valuation $280$

Accumulated depreciation$/$amortisation $(40)$

Carrying amount $240$

Plant $ million

Cost $/$valuation $150$

Accumulated depreciation$/$amortisation $(105)$

Carrying amount $45$

Telecommunications license

Cost $/$valuation $300$

Accumulated depreciation$/$amortisation $(30)$

Carrying amount $270$

The land and building were revalued on $1$ October $20$X$3$ with $$80$ million attributable to the land and

$$200$ million to the building. At that date the estimated remaining life of the building was $25$ years. A

further revaluation was not needed until $1$ October $20$X$8$ when the land and building were valued at

$$85$ million and $$180$ million respectively. The remaining estimated life of the building at this date

was $20$ years.

$($ii$)$ Plant is depreciated at $20\%$ per annum on cost with time apportionment where appropriate. On $1$

April $20$X$9$ new plant costing $$45$ million was acquired. In addition, this plant cost $$5$ million to install

and commission. No plant is more than four years old.

$($iii$)$ The telecommunications licence was bought from the government on $1$ October $20$X$7$ and has a

ten$-$year life. It is amortised on a straight line basis. In September $20$X$9,$ a review of the sales of the

products related to the licence showed them to be very disappointing. As a result of this review the

estimated recoverable amount of the licence at $30$ September $20$X$9$ was estimated at only $$100$

million.

There were no disposals of non$-$current assets during the year to $30$ September $20$X$9.$

What is the carrying value of land and buildings as on $30$ September $20$X$9$

What is the depreciation charge on plant as on $30$ September $20$X$9$

What is the impairment loss on license

Advent$$s license is now carried at Recoverable amount. How is recoverable amount measured?