Page 317 - F2 Integrated Workbook STUDENT 2019
P. 317
Changes in group structure
1.4 Control to control step acquisitions (80% – 90%)
Transfer between shareholders.
Subsidiary before and after the acquisition.
No change to goodwill.
Step acquisition is treated as if:
Pay cash Dr NCI
To decrease NCI
Cr Cash
Difference to
equity Dr/Cr Equity
The movement in NCI is calculated as a PROPORTION of the NCI
balance at the step acquisition date.
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