Page 488 - SBR Integrated Workbook STUDENT S18-J19

Chapter 25

Example 1 – continued

(W5) Retained earnings
$m

Half 330
Group share of Marathon’s post-aqn
(80% × (DN60/3)) (W2) 16

———
346
———

(W6) Translation reserve

$m

Group share of goodwill forex (W7) 9.8
Group share of profit and net asset forex (W8) 42.1

———
51.9
———

(W7) Forex on goodwill

DN m Rate $m

Opening GW 52 3.8 13.7
Impairment – 3 rate –

Forex gain Bal. fig. 12.3
–––– ———
Closing goodwill 52 2 26.0

–––– ———

The full goodwill method has been used to the forex gain is allocated
between the group and NCI:

Group: 80% × $12.3m = $9.8m

NCI: 20% × $12.3m = $2.5m

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