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Dear tutor,
As per your lectures , I proceeded to calculate the G/L on investment in Question 1 of Sep/Dec 2015 Bubble question.
368/8 = 46
368/9.5 = 38.7Difference = Loss $7.3m, but I cannot see where this figure has been accounted for in their Consolidated accounts?
I separately did workings for Ex G/L attributable to both P & NCI and I am glad to say it was al most identical to their answer – deducted from NCI and translation reserve and impairment in P from GRE, so thank you.
Many thanks in advance
Hi,
The method that I use is different to what is used by the examiner, so you wouldn’t get the same answer.
thanks
Please explain because I am lost now.
Only one answer can be correct right?
But please explain how I account for Loss $7.3m?
Otherwise I will get to the exam and feel like i do not know what to do
Thanks in advance
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