Exchange difference on Goodwill

Hi Sir Chris!

I was just wondering why the calculation for exchange difference is different between Sept/Dec 2015 and June 2011 examination as shown below… When I use the June 2011 style to Sept/dec 2015, i get a different answer for exchange difference. I tried to fix the format but it just would not show when posted…

Hope to hear from you soon. Thanks.

Sept/ Dec 2015 (Loss on Exchange Difference)

Goodwill
Dinars Ex-rates $
Consideration 368
FV NCI 220
NA at Aquisition (468)
______
120 DOA 8 15
Impairment (120)(20%)= (24) Avg 8.5 2.8
______
96 DOC 9.5 10.1

Exchange difference (12.2-10.1)= 2.1
Impairment Loss = 2.8

June 2011

Goodwill
Dinars Ex-rates $
Consideration 276
FV NCI 250
NA at aquisition (495)
_______
31

Exchange difference on Goodwill

Consideration 276
NA at aquisition (495)(52%)= 257.4
_______
18.6
18.6 @DOA rate 6 = 3.1
18.6 @DOC rate 5 = 3.72
______
Exchange difference gain= .62