Page 254 - FR Integrated Workbook 2018-19

Chapter 18

Example 1 cont.

Total comprehensive income is attributable to:
Owners of parent (balancing figure) 135,150
Non-controlling interest 13,750
–––––––

148,900
–––––––
(W1) PUP
12 / 40 × (40,000 – 30,000) 3,000
or $12,000 × 25% –––––––

(W2) Fair value depreciation
1
$20,000 × / 5 4,000
–––––––

(W3) Investment income
$4,000 × 75% 3,000
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(W4) NCI
Sheena profit for the year 66,000
PUP (W1) (3,000)
Fair value depreciation (W2) (4,000)
Impairment (5,000)
–––––––

Adjusted profit for the year 54,000
Sheena other comprehensive income 1,000
–––––––
Adjusted total comprehensive income (TCI) 55,000
–––––––
NCI share of profit: $54,000 × 25% 13,500

NCI share of TCI: $55,000 × 25% 13,750

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