Page 496 - F1 Integrated Workbook STUDENT 2018
P. 496
Chapter 25
(W2) Net assets of subsidiary
Acquisition date Reporting date
$000 $000
Share capital 525 525
Retained earnings 505 585
––––– –––––
1,030 1,110
––––– –––––
The subsidiary's retained earnings at the acquisition date will be given to you
in the question.
Share capital of the subsidiary will not change from acquisition to reporting
date so you can copy the share capital from the subsidiary's SFP to W2 in both
columns.
The totals from the two columns are then used in subsequent workings.
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