Ann: H1 2018 Trading Update, page-23

A general comment for consideration:

*The performance of the Subscription Division could really put on the table the possibility of an impairment charge this year .. revenue for the half was down 22% and EBITDA 43%.. the carrying amount of the Subscription goodwill as at 30 June 17 was $17m.


*From the Annual report 2017..p52-53
Should these judgements and estimates not occur the resulting goodwill carrying amount may decrease.
i) Revenue would need to decrease by more than 8.5% for the Subscription CGU before their assets would need to be impaired, with all other assumptions remaining constant.
ii) The pre-tax discount rate would be required to increase by 2.8% for the subscription segment before goodwill would need to be impaired, with all other assumptions remaining constant.