Standard 31;
Identification of impairment losses and its return;
21) The business entity must recognize the impairment loss for any initial or subsequent decrease in the value of the asset (or unit set) to the net realizable value to the extent not recognized according to paragraph 20.
22) An entity shall recognize any subsequent increase in the net realizable value of an asset as a gain, but this gain shall not exceed the accumulated impairment loss previously recognized under this standard or other accounting standards.
23) The business entity must recognize profit for any subsequent increase in the net sales value of the entity as follows:
A. To the extent that it is not identified according to clause 20, but
b. To the extent that the accumulated impairment loss is recognized, according to this standard or other accounting standards (for non-current assets that fall within the scope of the measurement requirements of this standard), it is not more.
24) Impairment loss (or any subsequent profit) recognized for a single group must reduce (or increase) the book amount of non-current assets of that group that falls within the scope of the measurement requirements of this standard as described in paragraphs A and B below. :
A. Impairment losses must be allocated in the following order to reduce the book value of non-current assets of the unit:
1. First, it should be used to reduce the book value of goodwill related to the unit collection, and
2 . The remaining impairment losses should be allocated to them in proportion to the book value of other non-current assets of the unit.
This reduction in the book amounts should be considered as a loss in the value of each individual asset and recognized immediately in the profit and loss statement.
b. Reversal of the loss of depreciation of the unit must be allocated in order to increase the book value of its non-current assets other than goodwill.
This increase in the book amounts should be considered as the reversal of the loss of the decrease in the value of each of the individual assets and should be recognized immediately in the profit and loss statement.
25) Profit or loss that has not been recognized until the date of sale of a non-current asset (or a set of units), must be recognized on the date of derecognition. The requirements related to derecognition are stated in paragraphs 70 to 75 of Accounting Standard No. 11 under the title of Tangible Fixed Assets (revised in 2006), and paragraphs 89 to 95 of Accounting Standard No. 17 under the title of Intangible Assets (revised in 2006).
26) An entity shall not depreciate a non-current asset that is classified as held for sale, either individually or as part of a single entity. The recognition of guaranteed interest and other expenses attributable to consolidated liabilities that are classified as held for sale continues.
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