Rosy is a publicly listed company Details of Rosys non current assets at 1 st September 2021 were Land and Building Plant Designing licence Total m m m m Cost Valuation 800 500 440 1,740 Accumulated depreciation amortisation (80) (250) (88) (418) Net Book Value 720 250 352 1,322 The following information is relevant The land and buildings were revalued on 1 st September 2016 with 400 million attributable to the land and 400 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 st September 2021 when the land and building were revalued at 500 million and 350 million respectively The remaining estimated life of the building at this date was 25 years Plant is depreciated at 25 per annum on cost with time apportionment where appropriate On 1 st May 2022 new plant costing 200 million was acquired In Addition, this plant cost 16 million to install and commission No plant is more than four years old The designing licence was bought from the government on 1 st September 2019 and has a 10 year life It is amortised on a straight line basis In August 2022, 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 31st August 2022 was estimated at only 180 million There were no disposals of non current assets during the year to 31 August 2022 Required Prepare extracts from the statement of financial position relating to Rosys non current assets as at 31 st August 2022 (including comparative figures) together with any disclosures under the current IAS 16, IAS 38, IAS 36

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Rosy is a publicly listed company. Details of Rosys non-current assets at 1 st September 2021 were: Land and Building Plant Designing licence Total m

Rosy is a publicly listed company.

Details of Rosys non-current assets at 1^st September 2021 were:

	Land and Building	Plant	Designing licence	Total
	m	m	m	m
Cost/Valuation	800	500	440	1,740
Accumulated depreciation/ amortisation	(80)	(250)	(88)	(418)
Net Book Value	720	250	352	1,322

The following information is relevant:

The land and buildings were revalued on 1^st September 2016 with 400 million attributable to the land and 400 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^st September 2021 when the land and building were revalued at 500 million and 350 million respectively. The remaining estimated life of the building at this date was 25 years.
Plant is depreciated at 25% per annum on cost with time apportionment where appropriate. On 1^st May 2022 new plant costing 200 million was acquired. In Addition, this plant cost 16 million to install and commission. No plant is more than four years old.
The designing licence was bought from the government on 1^st September 2019 and has a 10 year life. It is amortised on a straight-line basis. In August 2022, 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 31st August 2022 was estimated at only 180 million.

There were no disposals of non-current assets during the year to 31 August 2022.

Required:

Prepare extracts from the statement of financial position relating to Rosys non-current assets as at 31^st August 2022 (including comparative figures) together with any disclosures under the current IAS 16, IAS 38, IAS 36?