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ACCA December Exams

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December 2011 Q1 – Captive

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › December 2011 Q1 – Captive

Viewing 2 posts - 1 through 2 (of 2 total)
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  • November 5, 2016 at 5:32 pm #347605
    calin
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Hi

    On the Q1 when they calculate the impairment for Captive they calculate the consolidated goodwill. I can not work out the 30.05 for the Nci. ? What formula do they used or what was the logic behind?

    Thanks.

    November 7, 2016 at 9:07 pm #347921
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7079
    • ☆☆☆☆☆

    Hi,

    They are grossing up the partial goodwill of $120.2 million. If this is worth 80% then to get the value of the remaining 20% goodwill they have done $120.2/80% x 20%.

    Thanks

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