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Chapter 17
Example 1 cont.
(W4) Non-controlling interest
$000
Value at acquisition (W3) 2,000
Post-acquisition (W2) 10% × 1,200 120
Impairment (W3) 10% × 200 (20)
———
2,100
———
(W5) Retained earnings
$000
Pepper 100% 13,100
Sauce (W2) 90% × 1,200 1,080
Impairment (W3) 90% × 200 (180)
———
14,000
———
Illustrations and further practice
You can now attempt TYU questions 1 and 2 from Chapter 17.
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