INDOFOOD AGRI RESOURCES LTD
ANNUAL REPORT 2015
107.
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For the financial year ended 31 December 2015
15.
GOODWILL (CONT’D)
Changes to the assumptions used by the management to determine the recoverable value, in particular the discount
and terminal growth rate, can have significant impact on the results of the assessment. Management is of the opinion
that no reasonably possible change in any of the key assumptions stated above would cause the carrying amount of the
goodwill for each of the CGU to materially exceed their respective recoverable value, except for the following CGUs:
Cash generating units
Reasonably possible
changes in key
assumptions that would
cause the carrying amount
of goodwill to exceed its
recoverable amount
Sensitivity analysis
Additional change
in key assumptions
Excess of
carrying amount over
recoverable amount
that would arise from
the additional change
in key assumptions
Rp million
Discount rate
Plantation estates and
research facility of PT SAIN
53 basis points higher
1 basis point higher
550
Plantation estates of PT JS
41 basis points higher
1 basis point higher
276
Integrated plantation estates
of Lonsum
74 basis points higher
1 basis point higher
13,665
16.
CLAIMS FOR TAX REFUND
Claims for tax refund represent (a) advance tax payment made by each entity within the Group which is creditable against
their respective corporate income tax payable; and (b) tax assessments being appealed to the taxation authorities.
