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Kallis, Steyn and Adams. As per the question, “On 1 January 2015, Kallis purchased 60% of the equity share capital of Steyn, a public limited company, for a cash consideration of $95 million. The fair value of the identifable net assets acquired was $90 million and
the fair value of the non-controlling interest was $25 million.”………………….On the same date both Kallis and Steyn each acquired a 30% holding in Adams, as part of an attempt to conceal the true ownership of Adams
The answer in Page 129, calculating goodwill of Stein, has taken NCI as 10,000. Can you please explain why 25K has become 10K.
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