BAB 7

Downstream

Misal: P terbitkan Bond 10,000,000, 10%, dengan unamortized premium = 100,000

Pembayaran bunga 1 Jan dan 1 Juli -> selama 5 tahun
Saat 2 Januari, S membeli 10% -> 950,000

 BV : 10,000,000 + 100,000
10,100,000 x 10%
1,010,000

Purchase price= 950,000

BV = 1,010,000
Gain = 60,000 -> 60,000/5 = 12,000
Inv in Bond
1,010,000 Jurnal Eliminasi
2,000 Bonds Payable 100,000
2,000 Invest. in Bonds 950,000
2,000 Payable
2,000 Constructive Gain 60,000
2,000 1,000,000
10,000
10,000
10,000
10,000
10,000
950,000
Bond Payable
P S
1 Jul Interest Expense 50,000 Cash 50,000
Cash 50,000 Interest Income 50,000

31 Des Interest Expense 50,000 Interest receivable 50,000

Interest payable 50,000 Interest Income 50,000

Amortisasi Bonds payable 2,000 Interest bonds payable 10,000

Interest Expense 2,000 Interest Income 10,000

Interest expense = 98,000 Interest Income = 110,000

Bonds Payable = 1,008,000 Interes Bonds Payable = 960,000
 2012 2013
Bonds Payable 1,008,000 Bonds Payable 1,006,000
Invest. in B/P 960,000 Invest. in B/P 970,000
Constructive gain 48,000 Invest. in S 36,000

Interest Income 110,000 Interest income 110,000

Interest expense 98,000 Interest expense 98,000
Constructive 12,000 Invest. in S 12,000
Gain

Interest Payable 50,000 Interest Payable 50,000

Interest 50,000 Interest 50,000
receivable receivable

 Mencari IFS dan NCI Shares

P(70%) S(30%)
NI 220 154 66
CG 60 60
Piecemeal (12) (12)
202 (IFS) 66 (NCI Shares)

 Catatan tambahan: Unrealized Gain (URG)

BAB 6 =>
(-) IFS
(+) IFS (Piecemeal)
Unrealized Loss

(+)IFS
(-)IFS

BAB 7 => Constructive gain (CG)

(+) IFS
(-) IFS
Constructive loss

(-)IFS
(+)IFS
Upstream
Misal: S terbitkan 10,000,000 bond, unamortized discount 300,000 P
P beli 50% -> 5,150,000 pada tanggal 2 Jan 2012 => 90%
Bunga 10% -> dibayar 1 Jan dan I July, selama 5 tahun S

 BV = 10,000,000 – 300,000
= 9,700,000 x 50%
= 4,850,000
Purchase price = 5,150,000
BV = 4,850,000
Constructive loss = 300,000
Piecemeal = 300,000/ 5 tahun = 60,000
Inv In bond
5,150,000 (PP) (P) Jurnal Eliminasi 2 Jan
30,000 Bonds Payable 4,850,000
30,000 Constructive Loss 300,000
30,000 Invest In Bonds 5,150,000
30,000 Payable
30,000 5,000,000
30,000
30,000
30,000
30,000
30,000
4,850,000 (BV) (S)
Bond Payable

 Beban bunga = 10,000,000 x 10% x ½ = 250,000

2012 2013
Bonds Payable 1,008,000 Bonds Payable 4,910,000
Constructive loss Invest. in S
162,000
(CL (180,000x90%)
240,000
Awal=300,000)- NCI
18,000
(piecemeal=60,000) (180,000x10%)
Invest in B/P 5,120,000 Invest. in B/P 5,090,000
Constructive Loss 60,000 Interest income 470,000
Interest Income 470,000 Invest. in S 54,000
Interest expense 530,000 NCI 6,000
Interest expense 530,000

Interest Payable 250,000 Interest Payable 250,000

Interest Interest
250,000 250,000
receivable receivable

 Mencari IFS dan NCI Shares

P(90%) S(30%) P(90%) S(10%)
NI 750 675 75 NI 750 675 75
CL (300) (270) (30) CG - - -
Piecemeal 60 54 6 Piecemeal 60 54 6
459 51 729 (IFS) 81 (NCI Shares)

SOAL E7-11

P => kasus upstream => S jual ke P

80% => Jan 1, 2011 Par purchased 80% in Saw at book value.
S
(tanggal transaksi)<= On Jan 1, 2012, Par paid 783,000 to purchase all of Saw’s 1,000,000, 6%
outstanding bonds.
(tanggal penerbitan)<= Bond issued at par on Jan 1, 2010, pay interest semiannually June 30 and Dec
31 and mature on Dec 31, 2018
Piecemeal => dihitung dari tanggal transaksi, bukan tanggal penerbitan (1 Jan 2012 – 31 Dec
2018 = 7 years)

Purchase price = 783,000 P 1,000,000 S

BV = 1000,000 31
Constructive gain = 217,000 31
Piecemeal – 217,000/7 = 31,000 31
31
31
31
31
783,000
  Jurnal 1 Jan 22012
Bonds Payable 1,000,000
Invest in S 783,000
Constructive Gain 217,000

 Beban bunga = 1,000,000 x 6% x ½ = 30,000

 Jurnal

P S
30 Juni Cash 30,000 Interest 30,000
Expense
Interest Income 30,000 Cash 30,000

31 Des Cash 30,000 Interest 30,000

Expense
Interest Income 30,000 Cash 30,000

Amortisasi Interest B/P 31,000

-
Interest Income 31,000

Interest Income = 91,000 Interest expense = 60,000

IIBP = 31,000

 Jurnal Eliminasi: 2012

Bonds Payable 1,000,000 Interest Income 91,000
IIBP 814,000 Interest expense 60,000
Constructive gain 186,000 IIBP 31,000

 Mencari IFS dan NCI Shares

P(80%) S(20%)
NI 140,000 112,000 28,000
CG 217,000 173,600 43,400
Piecemeal (31,000) (24,800) (6,200)
260,800 65,200
  Laporan Konsolidasi (Laba/ Rugi)
Adjustment
P S D K Consolidation
Sales 1,200,000 600,000 - - 1,800,000
IFS 260,800 260,800 -
Bond Int. Income 91,000 91,000 -
COGS (750,000) (200,000) - - (950,000)
Operating exp (200,000) (200,000) - - (400,000)
Bond Int Exp (60,000) 60,000 -
Gain (217,000)
NCI Shares (65,200)
Net Income 601,800 140,000 601,800

IFS 260,800 NCI Shares 65,200

Invest. in S 260,800 NCI 65,200