Академический Документы
Профессиональный Документы
Культура Документы
Goodwill 109,000
Share capital 380,000
General reserve 52,000
Retained earnings 40,000
Fair value adjustment for plant and machinery 21,000
Cost of investment 560,000
Equity
Share capital
General reserve
Asset revaluation surpluses
Retained earnings at 31 December 2016
Other component of equity
Current Liabilities
Deferred tax liability
Current tax liability
Account payable
Total Equity and Liability
269,400
300,000
560,000 1,129,400
158,800
140,000
25,400
52,000
93,800 470,000
1,599,400
1,000,000
50,000
20,000
399,000
30,000 1,499,000
12,480
46,000
48,000 106,480
1,605,480
(6,080)
Calculation of Good will
Fair value of the purchase consideration 161,400
Non-Controlling interest 32,000
Fair value of net assets at accqusision
Share capital 120,000
General reserve 24,000
Retained earings 16,000
Fair value of divided payable (10,000)
Fair value increase in plant 8,000
Fair value increase in land 20,000
Fair value increase in inventory 12,000 (190,000)
Goodwill at accqusistion 3,400
Impairment
Goodwill at reporting date 3,400
P s
Casa Hana
Dr. Cr.
Goodwill 3,400
Share capital 120,000
General reserve 24,000
Retained earings 16,000
Fair value adjustments 30,000
Shares in Hana Ltd 161,400
NCI 32,000
d
Casa Ltd Hana Ltd Adjustment Consolidation
Sales revenue 910,000 624,000 1,534,000
Cost of sales (625,000) (464,000) (1,089,000)
Gross profit 285,000 160,000 445,000
Other revenue 60,000 65,600 125,600
Other expenses (225,000) (129,600) (4,000) (358,600)
Profit before tax 120,000 96,000 212,000
Tax expenses (30,000) (32,000) (62,000)
Profit after tax 90,000 64,000 150,000
Dividend (50,000) (28,000) (78,000)
40,000 36,000 72,000
Assets
Shares in Hana Ltd 153,400 - (153,400) -
Plant 256,000 200,000 4,000 460,000
Land 60,000 90,000 20,000 170,000
Intangible assets 75,000 60,000 135,000
Deferred tax asset 15,000 8,000 23,000
Cash 20,000 5,000 25,000
Receviable 40,600 6,000 46,600
Inventory 80,000 30,000 6,600 116,600
Goodwill - 5,000 3,400 8,400
Total Assets 700,000 404,000 (119,400) 984,600