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Answers

Exxampple 1 cont.

Woorkings

(W11) Structurre

(W22) Net asseets ($000)

Acquiisition Reeporting Post-
date a acquisitionn
Shaare capital 10,000 10,000

Rettained earnnings 3,000 4,200 1,2000
———— ——— ————

13,000 14,200 1,2000
———— ——— ————

(W3) (W4)/(W5))
(W33) Goodwilll

$0000
Cosst of investtment 199,000

Fair value of NNCI 22,000
Nett assets (WW2) (133,000)

————
Gooodwill at accquisition 88,000

Imppairment (200)
————

Gooodwill per SFP 7 7,800
————

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