[pattard]

I also have the same problem. Can’t understand why we have this working in the answer:

Fair value adjustments:

PPE (57-45)
At acquisition date $12m ?goodwill
Movement ($9m*) ? ret’d earnings
*extra depreciation $12m ×3/4

At year end $3m ?PPE

Regarding your question regarding depreciation it is worked out on the remaining 4 years.

Thanks
Pauline

[pattard]

Ok thanks.

[Author]

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