Grange – BPP kitForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Grange – BPP kitThis topic has 1 reply, 2 voices, and was last updated 13 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts November 28, 2011 at 11:01 pm #50765 jennychewlhMemberTopics: 2Replies: 2☆Dear Sir,The PAP under Retain Earning is only calculated based on the initial 60% owned on Park instead of 80% after the partial acquisition of another 20% from NCI which was done exactly at year end date. Am I correct to account for that?Thanks in advance November 29, 2011 at 4:36 pm #90355 MikeLittleKeymasterTopics: 27Replies: 23203☆☆☆☆☆If only acquired as at the year end, then there are no post-acquisition profits related to the 80%.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In