Preparing the Consolidated Statement of Financial Position Q 12.

W1 Group Structure
# Randy Bhd -(Parent) % of Paula Bhd (subsidiay)
# Date of acquisition
# Non-controlling interest (NCI)
Unit share RM share
Orignial share in unit in Paula
Investment share unit in Paula

Controlling = in unit/ 100% 280/400 = 70%

Non controlling interest 30%

W2 Goodwill Computation Post acquisition-after beli syarikat Non Controlling Interest

Haza - HQ - retained profit Daze punya portion
RM RM RM - 70% RM - 30%
Consideration - Harga beli 400
Non-controlling interest - 30% x 600 180 180
580
LESS : Net assets at acquisition date
Share Capital 500
previous profit Pre-acquisition profit 100
Reserves
600 -600
Goodwill/(Bargain purchase) -20 20

Loss on Impairment Goodwill

0 0
-20
-
Post acquisition- Retained profit dlm Subsidy -
profit semasa retain as per statement = RM200k (70% & 30%) - 140 60
less - released of fair value ( untung harga jualan) - 120-100 -14 -6
-
Parent Company - Retain profit ( 150+250) - 400 -

-
unrealised of Stock profit - w3 -10 -
-

-20 536 234

W3 Unrealised of Stock Profit

Balance not sold
RM 70,000-50,000 = 20,000 ( 1/2) only

Consolidated of Account Randy Paula Dr Cr. Final

RM'000 RM'000 RM'000

Equity and liabilities

Ordinary share 900 500 -500 - 900
Retained profit - beginning - semasa acquired 150 100 -100 - 150
- -
- - -
Retained profit - current year 250 200 -60 - -
- working on fair value -20 - -
- impairment of goodwill - loss - bargin loss 0 20
- unrealised of stock -10 - 380
- - -
Non controlling interest - 240 240
- - -
Liabilities - - -
- - - - -
1,300 800 - - 1,670
- - - - -

Assets
Non current Assets 520 600 - -20 1,100 untung dlm asset
Investment 280,000 share 400 - - -400 -
Inventories 80 100 - -10 170
Other current assets 300 100 - - 400
- -
Goodwill - (10-2) - balance - - - - -

1,300 800 1,670