Page 27 - PowerPoint Presentation
P. 27

CONSOLIDATIONS AFTER THE DATE OF ACQUISITION





            Example - non-depreciable PPE




































            • The journal entry above is passed every year until the asset

                is sold to a third party outside the group. The unrealised
                profit of a non-depreciable asset only realises when the

                asset is sold to a third party outside the group.


                                                                                                                                   27
   22   23   24   25   26   27   28   29   30   31   32