P

Concept of Group. 80% 52; 9152 - Direct subs.

↑S1 - - sz
S3/sy -> Ind Subs

21soup includes
only s
70%

·
Pasent 3
Efjective holding X

Extension
.
subsidiasier. 52% SY of
cool
Ent
of butso -

Financial Statements ⑨ u

⑥-
1. Pasent's ES: Separate F.S.

Subsidiary
2.
Individual ES. Must be
E.S: prepared
3.
Consolidated FS: Pasent + subsid as
pes IFRs.

Preacquisition Peresver
the
profits eashed
by subsidiary by

acquisition pasent
by only post acq
Y not included as income
by Es. Profits are income

Pasent in consolidated 800 parent

illot sation
Ms. A bond I Jan 2019.
acquired a on

Facevale 1:100 r

Ints. Sate
. Par Ian
Yesm =
YYs Bouch 100
Cash 100
Sold to 2019.
Bon
Eng. 31-an 315ey

Calculate Interset Bond. 7

Income
Futs. Inc. 7
for A and B
Cytesacc.bona)
1174
Canh 107
Bonds 107
 In the books B
of
Ing19 Bond 107
peacy. 7x
-

Cash 107 Acquise

31Dec Bond 5 -Post he

Ints. Fnc 5
v
A. I

XEaSTR:100
v

Canh 12

Boxd 12

Heo. Date 15cl9 3 Dec 19

RIE 500 50

1150

Impact of income/Profit

Asset = 100 tial: 20

Net Asset = 88

HamatsheetCo Asut
~
125
-
lia 20

25
Eq.80 + 25 Ea
Net Act-80-
125 20:0
tothe
Net But
-

v
Cancellation Investment
of
#is the Pasent
of B
Co.

A provides a loan to B

Re: 100

cooks
A
Books
B

1000 Cah. 100

Receivable
Cash 100
-

Payalle 100-

Asset A and B
of
# B Total Remember that assets

you
Rec,
100 R: 100 not

R: 200. only
-
ase

loo 100

to depict
200 -

So:-inosdes
Cossect have
picture we
You to eliminate (Rec and

say &
If
no Payable
shycap

Consolidation

iPost F.S.
peep of
(2) Consolidation is a memorandom second

(3) Every time it is done on

if it is

done the
for it time.
 ·

v
+

-
No post Act profit
Shcap 126,000
RIE 174,000
--/] Inc. 300,00
-

LD Net Assets (2) will

9
v -

AtAcq At R.D Consideration 300,000

N.Asset (300,000
shicap. 126,0000 126,000
91w
Ret.Easing
-
174,000 174,000 -

-300,000 -
300,000

PostACg ③ NCI
to

3
These isn't any NCT

① Group. Reserver v

Parent RIE 345,000

Post Ag O

-45,000 -

Consolid SO.F.P
9100.
PPE 900,000
2. Asset 210,000

!(10,0
600,000
Shcap.-Pasat
9soup Rescous 345,000
Liabilitie 165,000

!110,000
 +
v
N
t

-
~ - Aroo0

Net Asses
At Acq
-
D
# Goodwill
Sh.cap. 126,000 126,000 Consid 300,000

R/E 174,000 279,000 x

N. Ascl (300,000
N. A sof
=300,000 405,000 -

105,000
Reserver.
NCI Group
No McI Pasent RIE 500,000
PostAcg 105,000
665,000
Consolidated SOFP
- -

4 will -

PPE 1235000
&
I

2Asset 245000 7

,000
600,000
Shocay 7

6 65,000
46. Reserve
acc
-

Liabilitie 215,000

140,000 -
 - -
s

Co.U B.U.
Asset 100
T
=
->
t + 10,500
Le x
-> Frog idatio: 160
A st

bs
Froy 210

2
will
9
t
210 160
Of
-

vv
i
-

--

OAAssets
At Acg At R.D ② Godwill
Sh.Cap. 300,000
300,000] Consideration 725,000
Resesva 350,000 690,000
Inc. in For 10,500 10,500 ShOJNA
1660,500 x 80%) (528,400)
E.voJN.A 660,508 1,000, 500

1,
Goodwill 196600
Income- 340,000 ③ H

(20%)
ShognA(atAc) 132,100
P(80%) NC
1660,500x20%)
272,000 60,000 60,000
>Post Acq
200,100
④
-

Group Reseover
-.

Pasent RIE 2350,000

&
Port Acq 272,000

2622000
'
Consolidated SOIP

Goodwill 196,600
P
PE 3,575,500
2Assets 600,000
1.372100

Sh.cap. 1250,000
1

9. Reserver 2,622,000
NCI 200,100
Liabilitin

oooote