Table V

Analysis of discount rates used to test impairment (value in use and mixed method used only)

 DeloitteEYKPMG
Sectors1st time2nd time3rd time1st time2nd time3rd time1st time2nd time3rd time
Multiple explicit discount rate1711658332
Single explicit discount rate39474415313661816
Range of discount rates252234123
No disclosure23855255
Proportion of firms where no disclosure (%)0.03.35.025.811.49.416.717.919.2
Minimum discount rate (%)4.133.805.001.404.003.104.504.205.00
Maximum discount rate (%)15.0023.5022.3618.3025.0023.7017.8025.8025.90
Median discount rate (%)8.659.0010.006.509.0010.009.939.8010.88
Mean discount rate (%)8.969.5511.267.989.569.689.189.9610.79
 PWCNon-Big 4Whole sample
Sectors1st time2nd time3rd time1st time2nd time3rd time1st time2nd time3rd time
Multiple explicit discount rate57822152431
Single explicit discount rate2334395182788148162
Range of discount rates22612581420
No disclosure14231522263728
Proportion of firms where no disclosure (%)31.834.822.125.08.30.019.016.611.6
Minimum discount rate (%)5.004.502.605.585.504.681.403.802.60
Maximum discount rate (%)17.0017.9320.0018.0023.1320.0018.3025.8025.90
Median discount rate (%)10.0010.0010.4414.0011.1310.789.509.8310.00
Mean discount rate (%)9.859.7710.9311.5811.2011.489.179.8410.80

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