[armaghanbutt]

i mean group restructuring sec B came in june 16

[armaghanbutt]

they minus from cost of invesvtmnet but in group RE they add reclassify DIVIDEND from OCI ..
for sub..if subsi paid dividend of 4
so in consol we will ignore ? no need to add or minus in RE ? OR we need to take our portion based on our holding like 60% x4

[armaghanbutt]

if already in RE thn we ignore ? only minus from cost of investmnt ?

[armaghanbutt]

i m asking dividend treatment in cosol.
if in question Associate pay dividend is in other comprehensive income (OCI) than we will minus from OCI and add in Retained earning ?

2) if the qustn states associates pay dividend of e.g 4 ..so we will minus from retain earning ?

3) general treatment if subsidiary pay dividend , where minus and add

[armaghanbutt]

sir , my qustn left 🙂

[armaghanbutt]

Thanks this qustn eat my whole day
thanks once again

[armaghanbutt]

2250 – 40 + 1 =1020 + 900 + 70 – 5 + XXX (balancing figure of ndl adj which is 266)

i m doing like this
2250 – 40 + 1 = 2211
1020 + 900 + 70 – 5 = (1985)
=226

[armaghanbutt]

if add 5 is 226 hv to add fv adjustmnt also of 40 also ?

[armaghanbutt]

if i use 2211-1020 share cap -900 re – 70 oce = 221

and for asset held for sale (HFS))
14.1- dep = 13.9 thn it classify as HFS at fair value 15.4 thn tested for imapairment ,not impair VIU is high.. thn HFS is measured at lower of carrying amont 15.4 or fair value less cost to sell 15.1 ……i m correct ?
but now whn it for 15.6 .. the gain should not be .5 -.3 (loss on 15.4 -15.3) – .1 (dep)

[armaghanbutt]

i mean when calculating for NDL we use 2250 book value or can use adjusted 2211 (2250-40+1) …

[armaghanbutt]

non depreciable land 🙂

[armaghanbutt]

but when calculating NDL these adjustment hve to include ?

[armaghanbutt]

NA 2250 -40 due to decrease + 1 remeasurement gain / reduction in liabilty.. correct ?

[armaghanbutt]

in same questn KUctchen note 3 , fair value of NA we dnt portion so here carrying value is given that s y x80%

[armaghanbutt]

hi , if its a decrease why we add 40 ?

[armaghanbutt]

robby june 2012 note 5

[armaghanbutt]

sir , i also have same problem for factor rec. 4 – 3.60 = loss of .40
but why its added in RE

Factoring trade receivables 0·40

[armaghanbutt]

just saw lecture.. thanks

[armaghanbutt]

so my all workings is correct of inflows ,tax ,Ca ? as i took CA 10 yrs – rate 4 yrs =2.787

[armaghanbutt]

i also have same issue , same question warden dec 11 Q1
project 5 yrs .. . tax one year in arrears.
PV of sales 1600 x 3.696 (5yrs) = 5913.6
tax 1600 x .3 = 480 x3.33 (annuity 6 -1 ) =( 1598.4)
=4315.2
this one correct ?
examiner answer
The PV of sales revenue = 100,000 x 16 x 3·696 = $5,913,600
The tax liability associated with sales revenue needs be considered, as the NPV is on an after-tax basis.
Tax liability arising from sales revenue = 100,000 x 16 x 0·3 = $480,000 per year
The PV of the tax liability without lagging = 480,000 x 3·696 = $1,774,080
(Alternatively, PV of tax liability without lagging = 5,913,600 x 0·3 = $1,774,080)
Lagging by one year, PV of tax liability = 1,774,080 x 0·901 = $1,598,446
After-tax PV of sales revenue = 5,913,600 – 1,598,446 = $4,315,154

[armaghanbutt]

I mean like before tax 7% and aftr tax 12% .. we will take 12 % unless question say ignore taxation

[armaghanbutt]

one more question , in DEC 12 q3 BKB for calculating cost of prefeernce share why they didnt took tax?
Q. 5% Preference shares ($1 nominal value) 10m
the ex-dividend market value of the preference Shares is $6·25 million
examiner working :
Kp = 100 x (0·05 x 10m/6·25m) = 8%

my wrkng : .05 x 70% = .035
6.25/10=.625
=.035/.625 = 5.6
why tax not taken up ?

[armaghanbutt]

so in calculating term TERP issue cost will not subract or add.?
calculating market cap we will subract
calculating finance raised we will add?

[armaghanbutt]

i am confused in issue cost where to subract or add it .. TERP will include issues cost ? impact on market capitalisation ?
like dec 09 NG CO Q3 they added issue cost where as it THP they subract

NG CO

The amount of equity finance to be raised in dollars = 5m + 0·312m = $5·312m

[armaghanbutt]

sir < q 2 THP CO june 2008

[Author]

Posts