Petrus Stan

Sales (300,000.00) (200,000.00)

Cost of Sales 200,000.00 150,000.00
Gross Profit (100,000.00) (50,000.00)
OPEX 20,000.00 10,000.00
Gain from sale of equipment (20,000.00) -
Net Income (100,000.00) (40,000.00)

Net Income Allocation:

Parent 0.80 (100,000.00) (32,000.00)
NCI 0.20 (8,000.00)

Retained Earnings, Beginning (460,000.00) (228,000.00)

Net Income (100,000.00) (40,000.00)
RE, div
Retained Earnings, Ending (560,000.00) (268,000.00)

NCI beginning
Net Income
NCI, div
NCI, Ending

Balance Sheet
Cash 320,000.00 167,500.00
Inventories 200,000.00 200,000.00
Investment in Stan 300,000.00 -
PPE, net. 400,000.00 240,000.00
Goodwill
Total Assets 1,220,000.00 607,500.00

Current Liabilities (160,000.00) (139,500.00)

Notes Payable (200,000.00) (100,000.00)
Common Stock (300,000.00) (100,000.00)
Retained Earnings (560,000.00) (268,000.00)
NCI
Total Liabs and SHE (1,220,000.00) (607,500.00)
 1.00 2.00 3.00 4.00 5.00 6.10 6.20
97,500.00
(3,375.00) (91,000.00)

- - - - - (3,375.00) 6,500.00

- (3,375.00) 6,500.00

200,000.00 5,600.00 3,375.00

(60,000.00) (7,500.00) (7,500.00) (5,600.00)

(6,500.00)
(240,000.00) (30,000.00) (30,000.00)
37,500.00
37,500.00

100,000.00
 7.10 7.20 7.30 7.40 7.50 7.60 8.00

2,000.00
7,000.00
- - 2,000.00 7,000.00

1,600.00 5,600.00
400.00 1,400.00

(8,000.00) 800.00

(2,000.00) 200.00

10,000.00 (1,000.00) (2,000.00) (7,000.00)

 Total
(402,500.00) #REF!
255,625.00 #REF!
(146,875.00)
32,000.00
(13,000.00) Reconciliation 0.20
(127,875.00) Book Value (368,000.00) (73,600.00)
Goodwill (9,750.00)
(83,350.00)
(121,675.00)
(6,200.00)

(486,225.00)
(121,675.00)
-
(607,900.00)

(82,400.00)
(6,200.00)
-
(88,600.00)

487,500.00
393,500.00
-
677,500.00
37,500.00
1,596,000.00

(299,500.00)
(300,000.00)
(300,000.00)
(607,900.00)
(88,600.00)
(1,596,000.00)