W1: Group structure

Acquisition date

W2: Considerations transfferd

- Share exchange:

A1

Note (i) A2

A3

Note (ii) A4

Note (iii) A5

Note (iv)

STATEMENTS OF FINANCIAL POSITION AS

Assets
Non-current assets
PPE
Goodwill
Current assets
Total assets

Equity and liabilities

Equity
Euqity shares
Shares premium
RE
NCI
Non-current liabilities
10% loan notes
Current liabilities
Total equity and liabilities

W3: RE of Group
RE - P
60% profit - S
Adjustment A3
A4

W4: NCI
Fair value of NCI
40% profit - S
Adjustment A3
A4

W5: Goodwill calculation

Considerations transferred
Fair value of NCI
Less net assets:
Equity shares
RE @acquisition date
Adjustment: A2
 P 60% S
cquisition date 1 April 20X8

ons transfferd

P S
2 For 3 Shares
1,600 For 2,400 Shares

Dr Investment 9,600 $'000

Cr Equity shares - P 1,600 $'000
Cr Shares premium 8,000 $'000

Dr PPE - S 2,000 $'000

Cr Revaluation surplus 2,000 $'000

Dr RE - S 200 $'000
Cr PPE - S 200 $'000

Dr Sales - S 2,800 $'000

Cr COGS - S 2,000 $'000
Cr Inventory - P 800 $'000

Dr Cash in transit - S 200 $'000

Dr Accounts payables - P 400 $'000
Cr Accounts receivables - S 600 $'000

Fair value of NCI 5,900 $'000

F FINANCIAL POSITION AS AT 30 SEPTEMBER 20X8

P S Lump-sum Adjustment Ref Consolidation

40,600 12,600 53,200 1,800 A2, A3 55,000

W5 4,500
16,000 6,600 22,600 -1,200 A4, A5 21,400
56,600 19,200 75,800 80,900

10,000 4,000 14,000 1,600 A1 11,600

8,000 A1 8,000
35,400 6,500 41,900 W3 35,700
W4 6,100

3,000 4,000 7,000 7,000

 8,200 4,700 12,900 -400 A5 12,500
56,600 19,200 75,800 80,900

35,400
900
-120
-480
-600
35,700

5,900
600
-80
-320
-400
6,100

9,600
5,900

4,000
5,000
2,000
-11,000
4,500
W1: Group structure

W2: Considerations transferred

Note (i)

Note (ii)

Assets
Non-current assets
PPE
Development costs
Investment
Goodwill
Current assets
Total assets

Equity and liabilities

Equity
Ordinary shares
Reserves:
Share premium
Revaluation surplus
RE
NCI
Non-current liabilities
10% intragroup loan
Current liabilities
Deferred considerations
Total equity and liabilities

W3: Goodwill calculation

Considerations transferred

Fair value of NCI

Less net assets:
Ordinary shares
Share premium
Revaluation surplus
RE - S @acquisition date
Adjustment

W4: NCI
Fair value of NCI @acquisition d
25% profit of S
Adjustment

W5: Group RE
RE @acquisition date
75% profit of S
Adjustment
Group structure Highveldt Co (P) 75% Samson Co (S)
Acquisition date 1/4/20X4
Reporting date 31/3/20X5

Considerations transferred

Investment paid in cash 210

A1 Dr Investment 100
Cr Deferred considerations 100

A2 Dr Finance cost - P 8
Cr Deferred considerations 8

A3 Dr PPE - P 24
Cr Revaluation surplus - P 24

A4 Dr 10% loan 60
Cr Investment - P 60

A5 Dr Cash in transit - P 6
Cr Accounts receivables 6

Dr
Cr Finance cost - S

P S Lump-sum Adjustment Ref Consolidation

current assets
420 320 740 24 A3
lopment costs 0 40 40
300 20 320 -210

133 91 224
853 471 1324

y and liabilities

270 80 350

80 40 120
luation surplus 45 0 45 24 A3
350 210 560

current liabilities
intragroup loan 0 60 60
ent liabilities 108 81 189 108
rred considerations
equity and liabilities 853 471 1324

Goodwill calculation
iderations transferred 210
100

luation surplus
S @acquisition date

value of NCI @acquisition date

acquisition date

A2 -8
NV1 Nợ 152 60000000
Nợ 133 6000000
Có 111 33000000
Có 331 33000000

NV2 Nợ 152 16000000

Nợ 133 1600000
Có 331 17600000

NV3 Nợ 621 52000000

Có 152 52000000

NV4 Nợ 627 15000000

Có 214 15000000

NV5 Nợ 622 50000000

Có 334 50000000

NV6 Nợ 627 20000000

Có 334 20000000

NV7 Nợ 622 11750000

Nợ 627 4700000
Có 338 16450000

NV8 Nợ 152 1500000

Có 627 1500000

NV9 Nợ