Impairment assessments of goodwill arising from CPV Group
As discussed in Notes 3.G and 13.C to the consolidated financial statements, the carrying amount of the cash generating unit (CGU) to which goodwill is allocated is reviewed at each reporting date for impairment. As of December 31, 2023, the Group’s goodwill assigned to the renewable energies segment arising from CPV Group amounted to $126 million (Renewable Energy CGU). The Company estimates the recoverable amount of the Renewable Energy CGU based on discounted expected future cash flows. An impairment loss is recognized if the carrying value of the Renewable Energy CGU exceeds its estimated recoverable amount.
Investment in OPC’s associated companies
28.D.1
* Reclassified
11.A.7
The objective of the entity’s business model is to hold the financial asset to collect the contractual cash flows; and
•
how the performance of the portfolio is evaluated and reported to the Group’s management;
the risks that affect the performance of the business model (and the financial assets held within that business model) and how those risks are managed;
how managers of the business are compensated - e.g. whether compensation is based on the fair value of the assets managed or the contractual cash flows collected; and
the frequency, volume and timing of sales of financial assets in prior periods, the reasons for such sales and expectations about future sales activity.
-
Note 3 - Material Accounting Policies (Cont’d)
E.
Group’s share of net assets
Note 10 – Long-term investment (Qoros)
ii.
Note
2023
2022
Note 11 – Subsidiaries (Cont’d)
Note 12 – Property, Plant and Equipment, Net (Cont’d)
Note 13 – Intangible Assets, Net (Cont’d)
*
Business combination
83,385
Long-term deferred expenses
Construction agreements
a.
Note 18 – Contingent Liabilities and Commitments (Cont’d)
Note 24 – Income Taxes (Cont’d)
Note 25 – Earnings per Share
Changes in net expenses, not in the ordinary course of business and/or of a non-recurring nature
4,878
Share of changes in fair value of derivative financial instruments
(2,168
)
Note 26 – Segment, Customer and Geographic Information (Cont’d)
Share in profit of CPV excluding share of depreciation and amortization and financing expenses, net
2,978
2,383
929
44,901
Note 27 – Related-party Information (Cont’d)
_______________________________
223