MYTILINEOS GROUP | ANNUAL REPORT 2012 - page 104

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6.2 Goodwill
Goodwill is allocated to the group’s cash-generating groups identified according to business segment.
The Group performs impairment tests for goodwill on an annual basis. The recoverable amount of the rec-
ognized goodwill, was assessed using their value in use. The “value in use” was determined based on man-
agement estimates that were verified by an independent valuator. For the calculation of the value in use the
discounted cash flows method was used.
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