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CONSOLIDATED AND SEPARATE FINANCIAL  STATEMENTS




            Goodwill example








            • A Limited acquired control with the acquisition of


                an 80% interest in B Limited for R1 100 000 on 1

                January 20.8. On this date the share capital of B


                Limited was R200 000 consisting of 200 000


                ordinary                 shares              and            the          retained                 earnings


                amounted to R800 000. The fair value of the net

                assets of B Limited amounted to R1 000 000 on 1


                January 20.8.



            • The market value of the shares of B Limited on 1


                January 20.8 amounted to R7 per share.



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