B407F Week 4 Tutorial worksheet- supplementary

B407F Week 4 Tutorial worksheet- supplementary - B407F Week...

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B407F Week 4 Tutorial -Consolidated Financial Statements (1) - supplementary Question 1 (a)(i) Goodwill arising on consolidation $’000 $’000 Cost of investment Cash Less: net assets acquired Share capital Revaluation reserves Other reserves Retained earnings Goodwill arising on consolidation (a) (ii) Non-controlling interests $’000 $’000 1
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NCI at acquisition Retained earnings Revaluation reserves Other reserves (a) (iii) Retained earnings for the year $’000 $’000 Honey Add: Sugar’s profit for the year 2
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(b) Honey Group Consolidated Statement of Financial Position as at 31 December Year 1 $’000 $’000 Non-current assets Goodwill arising on consolidation Freehold property Fixtures and fittings Current assets Inventory Accounts receivable Cash Total assets Capital and Reserves Ordinary shares @ $1 each Share premium Revaluation reserves Other reserves 3
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Retained earnings Non-controlling interests Long-term liabilities Current liabilities Total equity and liabilities Question 2
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B407F Week 4 Tutorial worksheet- supplementary - B407F Week...

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