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when there’s a consolidation question on associate, what could be possibly be included in the profit ans loss account, besides the share of profit/(loss) of associate and also impairment of aassociate’s goodwill?
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when calculating the Investment in Associate,
when the dividend is paid in the year, but before acquisition of parent company, do we include in the calculation,and if the dividend is paid after the acquisition of the parent company, but the acquisition took place for only 4 months (mid year acquisition) do we need to apportion the dividend paid? or take the whole amount?
We used to allocate dividends into pre- and post-acquisition elements but it’s more recently decided that that is a nonsense approach. So now a dividend is allocated to the period in which the dividend is paid
As for matters affecting the associate, there’s also pups and fair value adjustments
so full dividend will be deducted in arriving at the investment in associate figure?
what’s pups? and fair value adjustments is just like the fair value of the asset is in excess its carrying amount so there’s an additional depreciation?
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