contingent consideration

Depends on probability - gteater than 50%, calculate probable amount and include it. Only possible, exclude - and amend calculations when probability resolved

Mike is this treatment (from 2010) still valid? If the deemed probable consideration turns out to be different is goodwill recalculated?

Whooah! I hadn't spotted that this was so old even though you actually spelled it out for me :-((( Contingent consideration IS included as a liability in the calculation of goodwill as at date of acquisition. If / when the contingency becomes more clear / probable and there is a better idea of the value of the liability (if any) there is no recalculation of the goodwill. Any adjustment goes through statement of profit or loss OK?

Yes thanks mike

You're welcome