is impairment loss for idle assets recorded in operating income/loss ?

Question

If assets are not currently being used in operations, should impairment loss be below operating income/loss or included in operating income/loss?

Answer 1

Yes. This impairment loss should be included in operating profit/loss. Not currently using an asset does not excludes its related expenses from operating results unless the asset is being classified as "held for sale" under IFRS-5 (for which separate conditions, such as a commitment to sell etc).