Nama: Alya Sufi Ikrima

NIM: 041911333248
Kelas: A1-SP
Tugas Pertemuan 11 – Indirect and Mutual Holdings

E 9-1 Calculation of indirect holdings ownership

Required:
1. What type of indirect holdings existed for the three companies in 2013? What percent of
ownership did Pandu TBK have over Dewa TBK?
In 2013, Pandu TBK only have indirect holdings of Dewa TBK through Sunda TBK, so the
structure is the father-son-grandson. The percentage of ownership is calculated as follows:
Pandu’s ownership of Sunda x Sunda’s ownership of Dewa (90% x 60%) = 54%
2. What type of indirect holdings existed for the three companies in 2014? What percent of
ownership did Pandu TBK have over Dewa TBK?
In 2014, Pandu TBK has both indirect and direct ownership of Dewa TBK, so the structure is
the connecting affiliates. The percentage of ownership is calculated as follows:
Pandu’s indirect ownership of Dewa (a) + Pandu’s direct ownership of Dewa = 74%

E 9-2 Income allocation schedule

Required:
Prepare the income allocation schedule to show controlling and non-controlling shares for
2016.
Consolidated Income Statement
Particulars Computation Amount
Net income $1,200,000
Add: Share in gain of CI in Bhima = Net income of Bhima x 90% $720,000
Less: Share in loss of CI in Shiva = Net loss of Shiva x 75% ($375,000)
Total Net Income $1,545,000

Consolidated Balance Sheet

Particulars Computation Amount
Non-current liabilities:
Share of NCI in Bhima = Net income of Bhima x 10% $80,000
Share of NCI in Shiva = Net loss of Shiva x 25% ($125,000)

Income Statement of Bhima

Particulars Computation Amount
Share in loss if CI in Shiva = Net loss of Shiva x 25% ($125,000)
E 9-4 Determine equation to compute income from subsidiary, controlling share, and
noncontrolling interest share
Required:
Determine the following:
1. The equation for determining Putra’s income from Sora
→ Putra owns 80% direct shares of Sora and 48% (60%*80%) of indirect shares of Touma.
Putra’s income from Sora= 80% (B + 60%C)
2. The equation for determining Putra and Subsidiaries’ controlling interest share of
consolidated net income for 2016
→ Putra owns 80% direct shares of Sora and 48% (60%*80%) of indirect shares of Touma.
Putra also owns 20% direct shares of Touma. CI = A + 80% (B + 60%C) + 20% C
3. The equation for determining Putra and Subsidiaries’ noncontrolling interest share for 2016
→ Sora has 20% noncontrolling interest share, and Touma has 52% (40%+(20%*80%))
NCI = 20% (B + 60%C) + 20%C