What is Amcor's russia — held for sale reclassification?

Amcor (AMCR) reported russia — held for sale reclassification of $4.00M in Q2 2022.

What does russia — held for sale reclassification mean?

The accounting shift of assets to a 'held for sale' status, often resulting in a value adjustment.

Discontinued — last reported Q4 '22

Amcor Russia — Held for sale reclassification remained flat by 0.0% to $4.00M in Q2 2022 compared to the prior quarter.

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityVolatile

First reportedQ1 2022

Last reportedQ4 2022Aug 16, 2024

Signals a formal intent to divest, which may lead to immediate balance sheet impacts or future cash inflows.

The accounting adjustment made when assets or a business unit are officially classified as 'held for sale' on the balanc...

Standard accounting treatment under IFRS 5 or ASC 360 for assets held for sale.

Metric ID: amcr_segment_russia_held_for_sale_reclassification

1 years

	FY'22
Value	$16.00M

What is Amcor's russia — held for sale reclassification?: Amcor (AMCR) reported russia — held for sale reclassification of $4.00M in Q2 2022.
What does russia — held for sale reclassification mean?: The accounting shift of assets to a 'held for sale' status, often resulting in a value adjustment.