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What does CGU stand for?

CGU stands for Cash Generating Unit

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of CGU

Other Resources:
We have 27 other meanings of CGU in our Acronym Attic

Samples in periodicals archive:

4 8 Goodwill and other intangible assets Impairment of goodwill The key assumptions used in the impairment testing were as follows: * Discount rates * Rates of growth in cash generating units beyond 3 years Discount rate Rates of growth in cash generating units beyond 3 years Management believes that no reasonable change in the key assumptions would cause any of the identified cash generating units to become impaired.
Where the asset does not generate cash flows that are independent from other assets, the Group estimates the recoverable amount of the cash generating unit to which the asset belongs.
If the recoverable amount of the cash generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro rata on the basis of the carrying amount of each asset in the unit.
Both Meldisco, our strong cash generating unit which operates leased footwear departments in Kmart and other stores, and Footaction, our fast-growing branded athletic footwear chain, are leading operators in their respective markets and well-positioned for the future.