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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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