IFRS 6 allows companies to only perform impairment testing on exploration & evaluation (E&E) assets if there are certain indicators of impairment. Usually impairment is measured at the cash generating unit on a regular basis regardless of indicators.
What does a mining company that has primarily these E&E assets do for impairment for the rest of its assets? If all the other assets (say property plant and equipment) belong to the same cash generating unit as the E&E assets, does the company only measure for impairment when there are indicators? Or …