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Sir in this question there is a disposal on sale of sub sub (Cerem) by a sub ( Bochem)
The goodwill however used in calculating the group gain/loss on disposal is only that calculated from the point of view of the parent (Ashanti) of the sub although the gain is from point of view of Bochem. Shudnt there be complete goodwill amt included for this gain calculation? I mean the goodwill using full amt of consideration?
Hi,
The goodwill has been calculated using the full goodwill method, and is the goodwill in the group in relation to the sub-subsidiary. As it is no longer part of the group the goodwill no longer exists so we need to remove it, which we have done and then used it in calculating the group profit/loss on disposal.
Thanks
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