m- B-20r- MAN idlo NP. 2p 20118 190129 ° Advance ftranciat Secoonting $. Gaade Tok acquired 907 werest w Gua “We on Janvary 1, 208 lun Ho bok alot of tr tek assets was Me fame ar fair valve. | On Juwar |, 209, Goode ke. acquieel a 66 percent nderert m Pwo Thle owas fe bok vale of He tek acsetr was eyeal to fair valet. Trent were no trancactions qiuong the Hce companies in 2019 . On draveueiy 201 Rando Tk perchared a 2B qercent wheter? iq Qrwa Tele. wince boole value op HS perk ascete wos equal to pair value. ~ 0) what yee of tncle cect hollings exiled for the Hee companies wn 2014 shat percent of cunnecsie olicl fanclu The hate over Qwe W) whet Lye of udiect holding e cxictedd Fer the three companies 1 goad t torak gercet of ownership dik unde The have over (awe Tk, Bos: Dn BO fondo Tok only hae Wdidect hodlings of eww sonda Tek, co the Sinelre ic te tether - son-ganson The percentage of owrecchip is calevlatect 43 folost: — fardw ‘s ounershye of Sunda X Sencle’s ownershif? of lara 90% 6% = S847 Bm 2020 Cando Tk had both indicect and dic ownteshi of Qua Te So tne structure ts tte connecting appiliater - The percerdag) lousnert her 1S caleolotec as follows * Randy's mcirecd.oumnorchie of aon + landes. direct owpopshiy bg.47% + a8 = 87.47 Scanned with CamScanner2 On Gracy 1 208 Rin Corgertton acquteel 6 90 euccert_uabecestt —__| in “cet “corporston for 4 2.320.000 +e beck vale s anc fur | Values of set's assets and eguitics on this dak are as follows. s Bede Vale Fate Valo Cosh $200, 4200 Accovjt teceivable - ack 300 200 Tauentoties S00 foo Lard. — wo Bem Billing nek Ts0_ tooo orpment —nk boo. a 680. ¢ 2.80 ¢ £500 4 ss0 $ sso 450 3x0 (ooo. 00, $2,800 $3 1. Cepape He jovenal eakies on Sc Corporation's book s to push clown _ the value teplectec! in He acquisition price undue Parent — comfarty Arerey 2. re. yoornal_entvies_on_Sek corporation's tenis -fo_ push -dlawn tte valve. | fepecked® wy the acquisition price vader entity. theory 1 Drs: 1. Bch down yer arent company theory Retoanad earnings 320.600. \nvacthorias fp 990 me 480.600 ~ Balding = net 270. 090 beech wt $60. 660 igiert 180. 000 ia : 80. fash down equity (Te. 960 + beh doon_eyity.= ( beo.gao. x 00) + $ 240.000 + 4 860.000 Scanned with CamScannerA Rech down teu entity Neorg, Reine earnings 300.000. a Sewnsloricn (90. 90 e Land 500. 600 _ ——_hriletigg = net 00. 000. goed sell 490.000 2 7 Equipment — net 100. 000 7 Mer abi Wi ry or down equity 00. 600 lech doom equity = ¢ 600.990 + 4 400.0@. + § 900.000- Scanned with CamScanner