Fair value method and assumptions

Fair value measurement disclosures - other assets: an emerging issue under IFRS

This report surveys fair value measurement disclosures on assets other than financial instruments, investment property and bearer plants.  Our sample covers biological assets, land and buildings, non-financial assets held in defined benefit pension schemes and cash-generating units whose recoverable amount is calculated using fair value less costs to sell. We note a predominance of classification at Level 3, indicating use of unobservable inputs.

Impairment tests - Novartis AG

Period End: 
31 December 2010
Period End Date: 
Listing Status: 
S&P Europe 350
ICB Industry Classification: 
4577 Pharmaceuticals