10.

13

Goodwill
RM'000 RM'000
Investment at cost 2,000
Non- controlling interest 520
2,520
Fair value of net assets acquired:
Ordinary shares 1,000
Share premium 700
Retained earning 100
FV adj 280 -2,080
Goodwill (bargain purchase) on consolidation -440
Post (200-20)x 25%

Consolidated Statement of Financial Position of Sea Group As at 31.12x7

RM'000
Non- current assets
Land 2,080
Building 1,500+180-20 1,660
Goodwill 440
4,180
Inventory 500
Receivables 320
Cash (+10) 160
5,160

Ordinary share capital 3,000

Share premium 400
Group retained profit 635
4,035
Non-controlling interest 565
4,600
8% loan stock 400
Current liability 160
5,160
NCI
RM'000

520

45
565