Admin overhead ko được capitalised vì nó không

liên quan đến quá trình hình thành nên tài sản
của doanh nghiệp
v Admin chỉ là chi phí văn phòng, hành chính,...
v Business rate chỉ là một loại thuế
2 loại chi phí này phát sinh khi DN đã sản xuất sp
v
v

x
thuế áp dụng cho bđs sử dụng trong
việc kinh doanh
b

Weighted average cost of borrowing= (9%x15m+11%x24m)/(15+24)=10.23%

Borrowing cost to be capitalised = 6m*10.23%*4/12+8m*10.23%*5/12 = 545600
A
a

Borrowing cost to be capitalised

= 2.4m*8%*10/12-1m*6%*4/12

inventory
c

Weighted average borrowing cost = 8.8%

Borrowing cost capitalised = 50m*8.8%*6/12=2.2m

1/7/X7-31/3/X8:
Dep'n=(500000-20000)/10*9/12=36000
37250 1/1/X8-31/3/X8
Dep'n=25000/5*3/12=1250
c

1/1/X7-31/3/X9
Dep'=60000/15*3/12=1000
4765 31/3/X9-31/12/X9
Dep'n=64000/12.75*9/12=3765

1/1/X0-30/6/X8
203000 Dep'n=900000/50*8.5=153000=>CV=747000
Revaluation surplus= 950000-747000=203000

d x
x

Research = 1400
Development not capitalised = 800*3=2400
Amortisation on capitalised amount = 20000*20%=4000
Không capitalise khoản 800000*6 (từ 1/4-30/9) vì việc development chưa được
hoàn thiện (the project was still in development at 30/9/X8)
 c

b pre-prod prototype là một loại development cost

12500 Depreciation = 15000/3*6/12=2500

CV=15000-2500=12500

Development cost not capitalised = 40000*2=80000

88000 Amortisation of capitalised development cost = 40000*4/5*3/12=8000

594 -86 -130*(700/860)=-106

-14 -40
-90 -90

Carrying amount = 950 Impairment = 1010-750=260

Impairment losses=200
c

FV-cost to sell= 78000-2500=75500

7687 Value in use = 30000/1.08+30000/1.08^2+30000/1.08^3=77313
Recoverable amount = 77313-> Impairment = 85000-77313=7687

350000

FV-CTS=2650
PV=2600
-> Recoverable amount = 2650
Impairment = 3000-2650=350
 -3
2 -3
10 -5*10/27
a
15
2

Impairment = 35-24=11m

Carrrying amount = 100000-100000/10*5=50000

FV-CTS=30000
Expected cash flow = 32222 (8500*3.79)
Recoverable amount = 32222
Impairment = 17778

Net current assets đã được tính bằng

-50000*200/220
c NRV nên không bị impair nữa
-50000
a

Impairment = 100000

d
v

v
 CV=600000-600000/50*9.5=486000
Revaluation surplus=314000

Impairment = 140
-100*900/1270=829

-100*70/1270=64

-40

314000

x
d Impairment ko được phân bổ vào current assets
b

v
v

v
v

c
a

FV-CTS=820000
VIU=760000
Recoverable amount=820000

a
Ship's fabric=300-300/25*8=204
Cabins=150-150/12*8=50
Propulsion = 100-100/40000*30000=25
 a

=140000/50000*5000=

Repainting=20
20m 45m Loss on propulsion system=25m

290000

Patent=10m-10m/8*6/12
=9.375m
a
x
v

d x

a
c

x
x

b
 a CV of building=180-180/20=171m
CV of land=85m
Total cv= 256m

d 1/10/X8-1/4/X9: Dep'n=150m*20%*6/12=15
1/4/X9-30/9/X9: Dep'n=(150m+50m)*20%*6/12=20
Total dep'n charge=35

140m

CV of licence=300-300/10*2=240
Impairment=240-100=140
 a

-50
-10

-30*50/150

40000

1.5m

Recoverable amount = 6m
Impairment = 10m-6m=4m
Deducting damaged assets= 4-2.5=1.5m
Goodwill after impairment = 3-1.5=1.5m
 20000

30000

50000

Dep'n=130000/40=3250
a

Overall profit/loss=2800-740-1400=660 (profit)

Profit = 35%*660=231
740+231-700=271 contract assets

v
a

Total contract rev=50m

Cost to date = 20m
Cost to complete=10m
Overall profit=20m
Percentage of completion=22/50=0.44
Profit to date = 20*0.44=8.8m

Overall profit/loss=24000
Profit to date=10800
=>48000+10800-50400=8400

v
a

Overall profit/loss=12m-6m-9m=3m(loss)
->6m-3m-4m=1m (contract liability)

x
b

Overall profit/loss = 5m-1.6m-2.4=1m

Percentage of completion= 1.8/5=36%
Profit to date=360k
Contract asset=360+1600-1800=160

31/3/X7: 450 100

31/3/X8: 337.5 75
75000

Revenue of providing service

800000*2*1.3=2080000
Revenue recognised = 27000000-2080000=24920000 (as service cost will incur two years after the sale - after 31/12/X9
b x
d

c
bargain purchase -> negative goodwill -> credit to SOPL

c
b
d
b v
this is significant influence
v

a
d

ngu si

Debt element
Y1 2400 2184
Y2 2400 1992
Y3 32400 24300
Debt element 28476
Equity element 1524

d
a

c
b

1200 12500
13500 1296 13500

Transaction cost: 3000

123000 Gain: 40000*(6-3)=120000
=40000*6
240000
 1/1/X6 Opening bal 3126000
1/1/X6 Instalment (700000)
1/1/X6 Lease liability 2426000
1/1/X6-
31/12/X6 Interest 146000
31/12/X6 Bal c/d 257

Actual lease payment = 700000*5=3500000 B/f Interest exp Interest paid C/f
PV of future lease payment = 3126000 2426 146 -700 1872
Dr Right to use asset 3126000 1872 112 -700 1284
Cr Lease liability 3126000

Dr Lease liability 700000

Cr Cash 700000

v
v

B/f Interest exp Interest paid C/f

15600 1248 -6000 10848
10848 868 -6000 5716

d
c
ngu

Future lease payment = 30mil B/f Interest exp Paid C/f

20X4 PV of future lease payment=25000 25000 2500 -6000 21500
Dr RTU asset 27000 21500 2150 -6000 17650
Cr Lease liability 27000 17650 1765 -6000 13415

Dr Lease liability 2000

Cr Cash 2000
 v

Tourmalet still retained the rights to direct the use and retain benefits from the plant -> transfer is not a sale
Income is nil

Depreciation = 340000/5=68000
B/f Payment Net bal Interest Operating lease=18000 *2/9=4000
111000 340000 -90000 250000 25000 Total = 25000+68000+18000=111000 (25+68+4=97000)
97000

B/f Interest Instalment C/f

240000 28800 -100000 168800
168800 20256 -100000
20256
d

v
v

Restorative cost = 10000*250=2500000 Unwindind of discount = 20400000*8%=1632000

Dismantling cost = 30000000*0.68=20400000 => Total = 24532000
22900000 24532000
Totoal provision = 22900000

0.6mil

v
a NRV
47

21
22

1000*40+2500*15+800*22=95100

d
b

a
d normal

mustn't be

should include and allocate based on normal level of activity

a

X+2700-6000=36000
=>X=39300

NRV=5.4-0.15*5.4=4.59
=>12000*4.59=55080
55080

Current year estimate = 16200 Temporary difference = 13000

Under provision = 2100 Deferred tax= 30%*13000=3900
Decrease in deferred tax= 1500
=> Tax expense = 16800

b
c

Current year = 4500

Under provision = 700
Decrease in deferred tax = 2.8
=> Tax exp=2400
Deferred tax in property revaluation = 1200
=> Income tax exp in P/L=1200
d

Temporary difference = 850000+50000=900000

Deferred tax = 900000*30%=270000
Deferred tax on revaluation surplus = 30%*250000=75000
Provision for deferred tax=345000

B/f 300
Charge 270
Paid X
C/f 440
=>X=130

410 130

Current year = 19400

Over provision = 800
Increase in deferred tax = (6750-3750)-2600=400
Income tax charge = 19400-800+400=19000
 c Depreciation = (800000-15%*800000)/10*6/12=34000
Government grant = 30%*800000/10*6/12=12000
Net amount=34000-12000=22000

c Government grant = 30% * 800000/10*8=204000

Revenue from laptop = 30*24*200/(200+720)=157

Revenue from broadband = 30*24-157=563
Revenue from broadband in the first year = 282
Total revenue in the first year = 157+282=439

b
 Overall profit = 5000-(2300+2100)=600
240000 Profit recognised= 40%*600=240

Contract asset = 240+2000-1500=

= 2000-1500=500

Overall profit= 700

1125000 Profit to date = 525
Contract asset = 525+3600-3000=1125

400000
 d

625000 =10000*6%*10/12=
500000 nhân với 7.5% -> ngu!

(10%*50m+8%*30m)/(50m+30m)=9.25%

a
c

ngu
b

735000

d
b

d
d

ROU Asset = 350000=100000+20000+15000-7000=478000

d
b
v nó hỏi cái nào cho thấy chare vào PL là treatment đúng!
x
x

a
d

=9000/10*6

a
Reorganisation not recorded as provision as it is only
a feasibility study ( gđ khởi tạo dự án)

a
b
12%*525000=63000(units)
5%*63000*5+95%*63000*30=1811250

d
Provision =

Total tax liability = 75000

(i) Temporary difference = 190000
Deferred tax liability = 57000
(ii) Temporary difference = 60000
Deferred tax liability = 18000

c
 Nil 60000
190000

Taxable temporary difference = 460-270= 190

Theo tax purpose => tax base = 0 (vì toàn bộ development exp được deduct
Theo accounting, accounting base = 60000 (vì nó ko đc amortise)
=> TD = 60000

d
Income tax payable = current tax charge
a
75k là deferred tax liability

c
v
v
a

v
v

d
b

x
This will affect gross profit -> adjust retrospectively
x
a

30/9/X4
CV= 45000-6000-45000/15*6/12=37500
FV-Cost= 42000*90%-1000= 36800

Unsettled amount = 125000

147059

v
 1/12/X8
50000/1.63=30675
31/12/X8
50000/1.64=30488

Gain/loss
1/11/X8 50000 1.63 30675
1/12/X8 (25000) 1.61 (15528) (191) (15528-25000/1.63)
187 31/12/X8 25000 1.64 15244
loss

DEPS = (1850000+2000000*6%*70%)/(10000000+1600000)=

2000
5 4

=> No shares = 250000shares

30/9/X1
No shares = 200000 => Issue 50000 more shares
Share cap = 200000*20c=40000
Share premium = (42c-20c)*50000=11000
Share premium @ 30/9/X1 = 15000-11000=4000
40000
4000
 188625 193125

b
 Dr FV Adjustment 1200 Dr Property 50
Cr Property 1200 Cr Depreciaiton 50
40000

Share exchage = 69000

Deferred consideration= 36000

Current liability

Goodwill

Retained earnings

Đến cuối năm mới phát hiện ra thay đổi trong contingent consideration => không phát sinh vào
thời điểm acquisition nên chỉ điều chỉnh vào RE chứ không phải Goodwill

d
 280320

Dr Sales 12m Part of the goods stay in inventory = 2/12= 1/6

Cr Cost of sales 11.5 URP= 1/6* (12-9)=0.5
Cr Unrealised profit 0.5 COS=12-0.5=11.5

9+10*80%=
d

Dr Interest income 400

Cr Finance cost 400

Depreciation = (22000-20000)/20*6/12=50

(1600*6/12-50-500)*20%=50

547700+206900*10/12-2654=717463

Dr Sales 46000
Cr COS 43346
Cr Inventory (URP) 46000/1.3*0.3*25%=2654

Dr Sales 4000
Cr COS 3600
Cr URP=800*2/4=400
80000
 (1300-5000*8%-50)*30%=255000
1300-5000*8%-(50-30)=880
255000 264000 880*30%=264

=450000-185000-20000-100000=145000

150000

Goodwill = 600000-700000*70%=110000
Gian/loss from disposal = 950000-110000-850000+850000*30%=245000

x
a

Investment = 1,6*75mil=120mil+ Profit ((100mil-20mil)*30%))=144mil

c
x
x

Investment
5000+ (8500-7400)*25%-600*0,3*0,25=5230

10000+6000*30%*8/12-1000*30%-700=10200

10200
 x

x
x

URP = 160/(4/3)*1/3*25%*30%=3000
3000

c
b x

a
->1/1/11
 +9000

+4500

x
x
x
x

x
x
x
-13500
 x
x
x x

x x
x x

x x

x
x
x x

x x
 x
x

x
x
x
x x
x x
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x x

x
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x
 x

x
x
x
x

x
x

x
x
x
x
x
x
x

x
x
x
x
x
x
x
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x
b

b
a

4070000

x
 22030000

a
d

a
b
c

Group RE

Inventory
c

d
c
 -2000

a
c

a
d

2800
 x

c
d

c
a

d
c
 b
x

9650
c