CGU definition

CGU means cash generating unit.

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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

• The CGU Institutional Review Board (IRB) has approved this project.

• 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.

• Where an impairment loss subsequently reverses, the carrying amount of the asset or CGU is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset or CGU in prior years.

• If the recoverable amount of an asset or CGU is estimated to be less than its carrying amount, the carrying amount of the asset or CGU is reduced to its recoverable amount.

• An asset’s recoverable amount is the higher of an asset’s or cash-generating unit’s (CGU) fair value less costs of disposal and its value in use.

More Definitions of CGU

CGU. ’ means cash generating units;

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;

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

CGU means cash-generating unit or groups of CGUs as that term is defined in IAS 36;

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

CGU as defined in the recitals hereto.

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