Aron june 9

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May 20, 2018 at 4:09 pm #452991
zkaay
Participant
- Topics: 212
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Hi sir,

Am not ok with this

For part iii
Foreign subsidiary

0.8 to p/l
1.9 to oce

From what i know that 2.7 will be recordrd xgre% = p/l

And 0.8 xgre %= exchange gain in oce

Thanks
May 21, 2018 at 8:06 pm #453205
P2-D2
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- Topics: 4
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Hi,

What goes through profit or loss is the increase in the fair value of the asset in the functional currency of Gao, being the zloti. As this has increase by 2 million zloti, we translate this at the 2.5 to give the $800,000.

The remainder will go through reserves.

Thanks
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