[okey24]

Hi, lakeside!
How do you arrive at 9% in q3?
I ve calculated weighted average asset beta of 1. Then regear to equity beta of 1.6 (if I am not mistaken). Cost of equity then appeared to be 10,4%. Anyone?)

[okey24]

Dear all,

Status is avaliable from today…
https://portal.accaglobal.com/examresults/reportRouter/onlineERS/faces/common/pages/reports/displayReport.jspx
Unfortunately, I fail…

Many thanks for all of you who understand my post correctly, did not mean to offend or confuse anyone.

Kate

[okey24]

@d38ono said:
Deferred tax will probably only be for a couple of marks.

I just put the asset adjustment through P&L but found the question wording a little confusing!

agree, did the same
I ncome tax charge is influenced by deffered tax movement, that’s why I am worried, maybe these marks would make a difference to me!

[okey24]

Anyone on revenue, please?))

[okey24]

@blueocean said:
[kindly requested:
1)q2- treatment of deferred liability with respect to rev.reserves.
2)q5-how did you treat the further finance cost of 500K imposed by directors.Excluded from procceeds of 10m in order to calculate equity option?

Many thanks and good luck to everyone
]

1) Revaluation of 8 000 times 30% tax rate – 2 400 – deffered tax on revaluation debited to revaluation reserve in addition to 4 500 (15 000 * 3%)

2) Equity option = proceeds from loan (10 000) – present value of cash outflows (discount rate 8%)
cash outflows (500, 500, 10 500)
amortised cost after 1 year = present value of cash outflows + 8% – 500

[okey24]

Poor me!!!

I know deffered tax treatment but did not pay attention to EXCLUSIVE revaluation (maybe because I practised the same question where it was included(((((( See how much it will cost me((((
I was unsure about overheads as well, but included it, as these were factory overheads.
As for IFRS 9 I remember that it allows 2 kinds of treatment for financial assets (through P&L or through Equity), so I made an assumption

[okey24]

@alrightson said:
Q2 deferred tax anyone?

Hello!

Deffered tax closing balance 4 500
And it seems 21 500 – income tax charge to Income statement
Am I right??)
Does anyone remember 15 000 excess of carrying amount on tax base was inclusive or exclusive revaluation? (Question 2)

Cheers, Kate

[Author]

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