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Sir, how do u calculate the fair value of NCI, if it’s not given in the question, and same also same with retain earnings
You will almost certainly be given the fair value of the non-controlling interest. If not then you assume that it is the same amount per share as the parent paid for their shares.
Retained earnings at the date of acquisition will always be given – it has to be otherwise it is not possible to do the consolidation. (Unless of course the parent bought their holding on the sate of incorporation in which case the pre-acquisition retained earnings were zero).
The only thing you could be thinking of is if the acquisition took place during the year (which is unlikely at F2) in which case the earnings for the year are time-apportioned (i.e. if it was bought 6 months during the year then the pre acq earnings for that year would be 6/12 of the total earnings for the year)
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