Cinemark(CNK) - 2022 Q4 - Annual Report

Critical Accounting Policies and Estimates 25 Revenue and Expense Recognition 26 Long-Lived Assets Impairment Evaluaitons We review long-lived assets for impairment indicators on a quarterly basis or whenever events or changes in circumstances indicate the carrying amount of the assets may not be fully recoverable. We also perform a full quantitative impairment evaluation on an annual basis. We assess many factors including the following to determine whether to impair individual theatre assets: • actual the ...