AMIS624X2H - Acquisition: Cash Fair value of NCI Total Fair...

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Acquisition: Subsequent: Cash $3,101 Susequent Year Amortizations (not incl. GW, if any) Fair value of NCI 726 Total Fair Value 3,827 Amount Life Year 1 Year 2 Book value of Sub 2,450 Inventories $(40) < 1 $40 $- Fair value in excess of book 1,377 Plant Assets, net 320 16 (20) (20) Book Value Land (50) indef. $1,180 $1,180 $- Long-term Liabilities 60 6 (10) (10) Inventories 460 500 (40) Trademarks 300 indef. (80) - Plant Assets, net 1,420 1,100 320 Non-GW amortizations $590 $(70) $(30) Land 600 650 (50) Current Liabilities (180) (180) - End Year One: Long-term Liabilities (740) (800) 60 Total CI NCI Trademarks 300 300 590 Reported Net Inc. $600 $480 $120 Total goodwill $787 Adjustments: Non-GW (70) (56) (14) Goodwill to CI: Goodwill - - Acquisition price $3,101 Share of NI $530 $424 $106 Less CI share 2,432 CI goodwill $669 85.00635% Adjustments Split: Non-GW 100% 80% 20% Goodwill to NCI: Goodwill 100% 85% 15% Total goodwill $787 Less: CI goodwill 669 End Year Two: NCI goodwill $118 15% Total CI NCI Reported Net Inc. $330 $264 $66 Acquisition: Adjustments: NCI at acquisition: Non-GW (30) (24) (6) Book value of Sub $2,450 Goodwill (236) (201) (35) 590 Share of NI $64 $39 $25 3,040 X 20% 608 NCI goodwill 118 NCI in Net Assets $726 Incr (Decr) in net assets
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1,459 1,180 2,639 Inventory 1,000 500 40 j 1,460 Property, P, E, net 900 1,100 320 j 2,320 Land 1,200 650 50 j 1,800 Trademarks 300
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This note was uploaded on 08/06/2011 for the course AMIS 624 taught by Professor Wallin during the Summer '11 term at Ohio State.

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AMIS624X2H - Acquisition: Cash Fair value of NCI Total Fair...

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