|12 Months Ended|
Dec. 31, 2021
NOTE 11 — GOODWILL
Changes in goodwill are as follows during the years ended December 31, 2021 and 2020:
See Note 4 — Business Combinations for additional details related to the Entrepreneur Resorts goodwill.
Goodwill is allocated to the Company’s cash-generating units. The recoverable amounts of these cash- generating units have been determined based on value in use calculations. Other assumptions included in value in use calculations are closely linked to entity-specific key performance indicators. Management believes that any reasonably possible change in the key assumptions on which recoverable amounts are based would not cause the aggregate carrying amount to exceed the aggregate recoverable amount of the cash- generating units.
The disclosure of goodwill. [Refer: Goodwill]
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef