CGU definition

CGU. - means cash-generating unit;

CGU s” means cash generating units and based on managements’ judgement, represents the lowest level at which there is identifiable cash inflows that are largely independent of the cash inflows of other groups of assets or properties;

CGU means cash generating unit, a property grouping used for financial accounting purposes.

Examples of CGU in a sentence

• Where the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.

• The recoverable amount of an asset or CGU is the greater of its value in use and its fair value less costs to sell.

• When the carrying amount of an asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to its recoverable amount.

• Impairment losses recognised in respect of a CGU or groups of CGUs are allocated first to reduce the carrying amount of any goodwill allocated to those units or groups of units and then, to reduce the carrying amount of the other assets in the unit or groups of units on a pro-rata basis.

• In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset or CGU.

More Definitions of CGU

CGU means cash generating units;

CGU. CGU Corporation, a Delaware corporation.

CGU as defined in the recitals hereto.

CGU means CGU Corporation, a Delaware corporation and a wholly-owned subsidiary of CGNU plc.

CGU means cash-generating unit. “Chair” means the chair of the Board. “Cisco” means Cisco Systems, Inc.

CGU means CGU Insurance Limited, ABN 27 004 478 371, AFS License no 238291

CGU means Cash Generating Unit. A CGU is the smallest identifiable group of assets that generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets;