Muhammad Usman Waheed

Assets Non Current Assets $000 PPE Investment Goodwill - Current Assets Inventory Recievables Bank Total Assets= Equity And Liability - Share Capital Share Premium Other Equity Reserves Retained Earnings NCI - Liability Current Liability 21450 Total Equity & liability 61500 DR Consideration CR Share Captial CR Share Premium - W1- Group Structure 80% W2- Net Assets of subsidary At acqusition At Reporting Share Capital Retained Earnings Fv Adj Dep PURP(S:P) Total 5000 5000 3200 -1200 4500 -1200 50 - 7000 W3- Goodwill Share Exchange Cash Add Fv of NCI at acq Less Net Assets at Acq Goodwill At Acq Less Impairment Total SFP - - - W4- Non Controlling Interest FV of NCI Post acq share less Impairment share Total W5- Group Retained Earnings Parent Retained Earning post acq share less Impairment share Total - - - - Post Acqusition 950