Document ID: chunk:federal_register_of_legislation:F2023C00180:front:0:p32
Version: federal_register_of_legislation:F2023C00180
Segment Type: other
Provision Reference: 
Character Range: 80601–83474

line item(s) of the statement of comprehensive income in which those impairment losses are reversed.
(c) the amount of impairment losses on revalued assets recognised in other comprehensive income during the period.
(d) the amount of reversals of impairment losses on revalued assets recognised in other comprehensive income during the period.
127 A class of assets is a grouping of assets of similar nature and use in an entity's operations.
128 The information required in paragraph 126 may be presented with other information disclosed for the class of assets. For example, this information may be included in a reconciliation of the carrying amount of property, plant and equipment, at the beginning and end of the period, as required by AASB 116.
129 An entity that reports segment information in accordance with AASB 8 shall disclose the following for each reportable segment:
(a) the amount of impairment losses recognised in profit or loss and in other comprehensive income during the period.
(b) the amount of reversals of impairment losses recognised in profit or loss and in other comprehensive income during the period.
130 An entity shall disclose the following for an individual asset (including goodwill) or a cash-generating unit, for which an impairment loss has been recognised or reversed during the period:
(a) the events and circumstances that led to the recognition or reversal of the impairment loss.
(b) the amount of the impairment loss recognised or reversed.
(c) for an individual asset:
               (i) the nature of the asset; and
               (ii) if the entity reports segment information in accordance with AASB 8, the reportable segment to which the asset belongs.
(d) for a cash-generating unit:
               (i) a description of the cash-generating unit (such as whether it is a product line, a plant, a business operation, a geographical area, or a reportable segment as defined in AASB 8);
               (ii) the amount of the impairment loss recognised or reversed by class of assets and, if the entity reports segment information in accordance with AASB 8, by reportable segment; and
               (iii) if the aggregation of assets for identifying the cash-generating unit has changed since the previous estimate of the cash-generating unit's recoverable amount (if any), a description of the current and former way of aggregating assets and the reasons for changing the way the cash-generating unit is identified.
(e) the recoverable amount of the asset (cash-generating unit) and whether the recoverable amount of the asset (cash-generating unit) is its fair value less costs of disposal or its value in use.
(f) if the recoverable amount is fair value less costs of disposal, the entity shall disclose the following information:
               (i) the level of the fair value hierarchy (see AASB 13) within which the fair