Weston SCFs – Loss on disposal

Hi Chris,

Just finished your epic answer to Weston and I totalled up and ended up with movement in cash and cash equivalents of +6m.

The model answer from acca doesn’t show the loss on disposal of northern as an operating outflow as you do. Yet, the ias 7 pro-forma shows loss on disposal of subsidiary as an addback in operating activities.

So, it seems the model answer from Acca should have added it back as you did, but then the SCFs could not reconcile.

Just wondering if you have any thoughts on this?

Many thanks and I’m loving your lectures :o)