Page 458 - SBR Integrated Workbook STUDENT S18-J19

Chapter 25

Example 1 – continued

(W3) Goodwill
$m

Fair value of consideration 17
Fair value of NCI 12

Fair value of acquisition net assets (W2) (18)
——

Goodwill at acquisition 11
Impairment (3)

——
Goodwill at reporting date 8

——

(W4) NCI

$m
Fair value at acquisition (W3) 12.0
NCI share of post-acquisition net assets
40% × $8.4m (W2) 3.4

Goodwill impairment 40% × $3m (1.2)
——

14.2
——

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