Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Consolidated Statement Of Cashflow Adj

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Consolidated Statement Of Cashflow Adj

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 30, 2015 at 10:33 am #286366
    scarborough
    Member
    • Topics: 6
    • Replies: 4
    • ☆

    Hi,

    I have a small query,

    PPE with carrying value of $21m has been disposed of $20m cash.

    So i would place the $20m as an investing activity but it is the disposal element i am unsure,
    do i place the $1m loss under operating activity as loss on disposal or would i place the $21m ?

    Thanks In Advance…

    November 30, 2015 at 8:46 pm #286555
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    $1 million loss will have been deducted in arriving at pbt. So you need to add it back.

    Pbt say 5,000
    Depn. 500
    Loss. 1,000

    6,500

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.