PLDC's Books

Cash 30DAC
AR 18IDAC
Inv 120SP
B&E 160 Cash

GW 19
AP 35
BP 75
SC 120
SP 42
Cash 75

Total Assets
BV of Assets -PLDC 1300

FV of Assets - Global 328

GW 19
-Cash Cons. -75
-Out of pocket costs -69.5
Total Assets 1502.5
Total Liabilities
BV of Liabilities- PLD 500
FV of Liabilities -Glob 110
Total Liabilities 610
 Goodwill/ Gain on BP
22Total Assets
12.5Total Liabilities
35Total Equity
69.5
Shares Consideration
(12k shares x 13.50) 162
Cash Consideration 75
Consideration 237
-FVNA 218
GW/ Gain on BP 19

Total Equity
SHE -PLDC 800

+Shares Consideration 162

-DAC -22
-IDAC -12.5
-SIC -35
SHE 893
Global Telecom
Cash 30
AR 18
Inv 120
B&E 160

AP -35
BP -75
FVNA 218

Legal Fees DAC Expensed

1. SP from OI
2. SP from PI
Costs of SEC regis 15 SIC 3. RE
Cost of issuing sto 20 SIC

Gen.Admin Costs IDAC Expensed

B C A C
 80% 20%
CNI -P CNI - NCI Total
SI -P 100 100
SI -S 8 2 10
-DS - UPEI -10 -10P
CNI 98 2 100

Combined Sales 500Combined 260

-Interco Sales -40-IS -40
Conso Sales 460+UPEI 10
-UPBI
Conso CO 230

DS XX S
US XX XX SP
Cost
-UG (XX) UP
UL XX X Unsold I
RG XX UPEI
RL (XX)
DS

40
20
20
1/2
10
 1/1/2020

2020 to 2024

1/1/2025

12/31/2025 up until 2030

Effects if no EE
DOS (01/1/25)

BSD (12/31/25)

DA

Gain recognized by Seller

Trsctn Seller
Bought P 100 DA-
O/P
DA 100
UL = 10 yrs Cash 100
DE 10
AD 10
Sold DA to Affliate Cash 65
CA=50 SP =65 AD 50
Rem. UL =5 yrs DA 100
Gain 15
↑ NI by UG
↑ DA, net by UG
↑ DE by RG
↑ AD by RG

Original Cost
Original AD

Unrealized Gain -> Realized

Depreciation/Sale
Buyer Conso FS

DA 100
Cash 100 UG
DE 10 /UL
AD 10 RG
DA 65
Cash 65

DE 13DE 10
AD 13 AD 10

Depreciable Asset
 Unrealized Gain - > Realized
Depreciation /Sale
A/L affects the P/L

-> Realized Gain

ation/Sale
 EE Com

DOS Gain 15DOS

15EE #1 DA 35DA 65
5 AD 50AD
3 Gain 15

EE # 2 AD 3
DE 3
Realized Gain
EE Conso FS

35 100
50 50
-15
 80% 20%
2019 CNI - P CNI -NCI Total
NI - P 196.8 196.8
NI - S 48 12 60
-DI from S -28.8 -28.8
+FVA- E- A 20 5 25
-FVA -B -A -15 -3.75 -18.75
-DS - UG -15 -15
+DS - RG 2.25 2.25
+US - UL 11.04 2.76 13.8
-US -RL -1.38 -0.345 -1.725
CNI 217.91 15.665 233.575

CRE, beg 350NCI, beg 195.6

+CNI - P 217.91+CNI -NCI 15.665
-Div rec by
-Div decl by NCI
P -72 (36K x 20%) -7.2
CRE, end 495.91NCI, end 204.065
 03/31 P -> S DS
SP 90
CA 7503/31 -12/31
Gain 15
RG, 19
UG, 19 15 (3 x 9/12) 2.25
/Rem. UL 5
Annual RG 3

01/1 S-> P US
SP 15
Loss CA 28.8
Loss -13.8RL, 19 -1.725
UL,19 -13.8
/Rem UL 8
Annual RL -1.725

Conso FS BV 75
03/31 Rem. UL 5yrs
Orig. BV 75Annual Dep 15
 DE ,2019
-DE ,2019 -11.25 (15*9/12) 11.25
BV,2019 63.75

BV 28
-DE,2019
(28/8 yrs -3.5
BV,2019 24.5
 Parent NCI Total
CT 782.4 195.6 978
-FVNA 782.4 195.6 978
GW/ Gain on 0 0 0

CS 600
RE 400
BVNA 1000
FVA
- O- L -72
-O - E -100
+U -B 150
FVNA 978

Equipment

Over 100
UL 4 yrs
Amort 25

Building
Under 150
UL 8
Amort 18.75

9/12 mos
Combined Sales Combined EI
-Interco Sales (Sales Amt) -UPEI
Consolisated Sales Conso EI

Combined COS (P+ S)

-Inter Co Sales (Sales Amt) Business Combination (Net
+Unrealized Profit from EI Consolidation (@ Acquisitio
- Unrealized Profit from BI Consolidation (Subsequent
Consolated COS Intercompany Sale
Change of Ownership
Combined GP
-UPEI
+UPBI
Conso GP
s Combination (Net Asset Acquisition)
dation (@ Acquisition Date) / Stock Acquisition
dation (Subsequent Date)
ompany Sale
of Ownership
Loss of Control - Gain/Loss on Disposal
No Loss of Control - Change in Equity
- No gain/loss on disposal
Change of Ownership

Parent's %
NCI %

Parent
> 50 % OS
Loss of Control - Gain/Loss on Disposal
No Loss of Control - Change in Equity

Proceeds from Sale ( Sold %)

FV of Rem. Interest (Rem %)
NCI (NCI %)
- BVNA
-GW
Gain/ Loss on Disposal

Control
- No gain/loss on disposal

100%
 70% 30%
1/1/x1 Parent NCI Total Parent 70%
CT 490 210 700 NCI 30%
-FVNA -336 -144 -480
GW 154 66 220 NCI, beg 210
CNI -NCI +Share in NI 11.1
+Share in OCI 5.4
NCI ,end 226.5
70% 30%
1/1/x1 Parent NCI Total Parent 70%
CT 490 144 634 NCI 30%
-FVNA -336 -144 -480
GW 154 0 154 NCI, beg 144
CNI -NCI +Share in NI 11.1
+Share in OCI 5.4
NCI ,end 160.5
Sold 60% Proceeds
Rem. Interst - FV 10% FV of Rem Int.
NCI 30% NCI
100%
BVNA
GW
Gain on Disposal

Sold 60% Proceeds

Rem. Interst - FV 10% FV of Rem Int.
NCI 30% NCI
100%
BVNA
GW
Gain on Disposal
 510
85 Implied FV Full GW
226.5 P's CT 490M 70%Partial GW
Proceeds
821.5 fromNCI
sale
- I 210 30%
-535
-220
BV from Sale
66.5
1
510
85
160.5
755.5
-535
-154
66.5
NCI - FV
NCI - PS 0 GW to NCI
1. Why is the Dividend Income not deducted in CN
Separate FS of Parent
Investment in Subsidiary
Dividends received by Parent from Subsid

Dividends
Conso FS -deducted
Parent Subsidiary

CNI - P CNI -NCI CNI

Div Inc from S (XX) (XX)

SNI/ NI - OWN
-Dividend Income from S excluded
- no need to deduct Div from S

2 bakit po magkaiba yung sign? sa UPEI? thank

 Combined COS Combined EI
-IS -UPEI
+UPEI Conso EI
-UPBI
Conso COS

3. SIC

1. APIC - Original Issuance

2. APIC - Previous Issuance
3. RE
 ucted in CNI - NCI?

from Subsidiary - Dividend Income

Dividends received by NCI from Subsidiary

-deducted from NCI bal
NCI, beg
+ CNI - NCI
- Div received
NCI, end

UPEI? thank you po (from problem 2 sale of inv po)

Combined FS EE BI
Overstated EI COS +Purchases
by UPEI EI - EI
COS
decrease EI COS increases
v po)