Common use of Impairment Clause in Contracts

Impairment. The Company and its subsidiaries assess on a forward-looking basis the expected credit loss associated with its debt instruments carried at amortized cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. The Company and its subsidiaries apply general approach for credit-impaired consideration.

Impairment. The Company and its subsidiaries subsidiary assess on a forward-–looking basis the expected credit loss associated with its debt instruments carried at amortized cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. The Company and its subsidiaries subsidiary apply general approach for credit-–impaired consideration.

Impairment. The Company and its subsidiaries subsidiary assess on a forward-looking basis the expected credit loss associated with its debt instruments carried at amortized cost and FVOCI. The impairment methodology applied depends on whether there has been a significant increase in credit risk. The Company and its subsidiaries subsidiary apply general approach for credit-impaired consideration.