innan tenta.docx

17.5

Parent

Investment 120000

Non-current assets 60000

Inventory 14000

Accounts receivable 37000

Bank 4000

235000

Share capital 235000

Subsidiary

Non-current assets 110000

Inventory 28000

Accounts receivable 41000

Bank 1000

180000

Share capital 180000

Consolidated

(((Goodwill (Negative!): 120000 – 180000 = -60000)))

Non-current assets 170000

Inventory 42000

Accounts receivable 78000

Bank 5000

295000

Share capital 235000

Retained profit 60000

295000

17.12

Parent

Investments in subsidiaries

Sub1 16000 shares 30000

Sub2 24000 shares 38000

Non-current assets 81000

Current assets 27000

176000

Share capital 100000

Retained profits 56000

General Reserve 20000

176000

Subsidiary 1 Restated:

Non-current assets 37000 (37000 – 18000 = 19000)

Current assets 11000 11000

48000 30000

Share capital 16000 16000

Retained profits 18000 (18000-4000) = 14000

General reserve 14000 (14000 - 14000) = 0

48000 30000

Subsidiary 2

Non-current assets 29000

Current assets 13000

42000

Share capital 28000

Retained profits 9000

General reserve 5000

42000

Consolidated

Sub 1 goodwill calculation: 30000 - (16000 + 18000 + 14000) = - 18000 -> Restate since we don’t have any information about fair values!

Sub 2 goodwill calculation: 24/28 = 0.857

38000 – (0.857 * 28000) – (0.857 * 9000) – (0.857 * 5000) = 38000 – (23996 + 7713 + 4285) = 2006 ~ 2000

Goodwill 2000

Non-current assets 129000

Current assets 51000

182000

Share capital 100000

Retained profits 56000

General reserve 20000

Minority Interest 6000

182000

18.3

Parent

Investment 40800 shares 60000

Non-current assets 74000

Current assets 36000

170000

Share capital 125000

Retained profits

As at 31.10.2013 19000

Add profit for 2014 26000

45000

170000 (45000 + 125000)

Subsidiary

Non-current assets 91000

Current assets 19000

110000

Share capital 80000

Retained profits

As at 31.10.2013 7000

Add profit 2014 8000

15000

General reserve 15000

110000 (80000 + 15000 + 15000)

Consolidated

Goodwill: 60000 – (40800 + 3570 + 7650) = 7980

Non-current assets: 165000

Current assets: 55000

227980

Share capital: 125000

Retained profits: (19000 + 26000 + 4080) 49080

Minority interest: 53900

227980

18.5

Parent

Investments in subsidiaries

Sub 1 40000 shares 49000

Sub 2 27000 shares 30500

Non-current assets 90000

Current assets 80500

250000

Share capital 200000

Retained profits

As at 31.12.2011 11000

Add profit for 2012 16000

27000

General reserve 23000

250000

Sub 1

Non-current assets 38200

Current assets 19200

57400

Share capital 50000

Retained profits

As at 31.12.2011 3000

Less loss 2012 (1600)

1400

General reserve 6000

57400

Sub 2

Non-current assets 31400

Current assets 14600

46000

Share capital 36000

Retained profits

As at 31.12.2011 4800

Add profit 2012 3400

8200

General reserve 1800

46000

Consolidated:

Goodwill sub 1: 49000 – (40000 + 2400 + 4800) 1800

Goodwill sub 2: 30500 – (27000 + 3600 +1350) -1450

Goodwill: 1800

Non-current assets 159600

Current assets 114300

275700

Share capital 200000

Retained profits (27000 – 1280 + 2550) PLUS 1450 (negative goodwill!)

29720

General reserve 23000

Minority interest 22980

275700