Page 348 - SBR Integrated Workbook STUDENT S18-J19
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Chapter 21
Example 5 – continued
The fair values of Cappuccino’s identifiable net assets at 31 December
20X4 were as follows:
$m
Property, plant & equipment 9
Inventories 7
Cash and cash equivalents 3
Trade and other payables (5)
––––
Net assets at acquisition date 14
––––
(iv) The net interest component on the defined benefit pension scheme was
$3 million and the current service cost was $14 million. These amounts
have been recorded in operating expenses. The remeasurement
component was recognised in other comprehensive income and is held
in other components of equity.
Prepare a consolidated statement of cash flows using the indirect
method for the Americano group for the year ended 30 April 20X5 in
accordance with IAS 7 Statement of Cash flows.
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