8.1 Assets held for sale
Table of contents
Accounting policies
The Group classifies a non-current asset (or disposal group) as held for sale if its carrying amount is to be recovered principally through a sale transaction rather than through continuing use. Non-current assets held for sale are measured at the lower of their net carrying amount and fair value less cost to sell. If the fair value is lower than the net carrying amount, the difference is charged to profit or loss as an impairment loss.
| Asset (disposal group) held for sale | Terms and expected date of disposal | Carrying amount | |
|---|---|---|---|
| 2021 | 2020 | ||
| Assets of Geovita S.A., a subsidiary designated for sale. | – | 74 | – |
| Perpetual usufruct right to land | Auction (sale February 2021) | – | 23 |
| Other non-current assets held for sale | Auction (sale expected in 2022) | 7 | 8 |
| Total | 81 | 31 | |