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How is the amount of NCI calculated in chapter 12 example 2 of Opentuition’s lectures in P2? I mean NCI b/f of 62,949 in SOCE
their share of net asset’s minus this year retained earning translated at closing rate of previous year plus their share of goodwill last year not yet impaired……
1160000-50000=1110000/5.9=188136 * 30% = 56441 + 6509 = 62949
well, I did it before reading your help. Thank you for answering. And there is another question about example 3 in chapter 13 where I can’t understand anyway the note to cash and cash equiv., i.e. they split the totals of b/f 12000 into 14000of cash and (2000) of bank, the same for total of movements 11400 and total for c/f 23400. But how they do it? The same situation in in example 4. And no hint in answers and video-lectures concerning this
Hi
Immediately before the figures, it says “Cash Flows comprise ( say )”
That “say” indicates that it’s merely an illustration!
Thank both you, and the question about example 3 in chapter 27 when they say that deferred tax liability is 300*30%=90 and I calculated as 500 less 30 depreciated to revaluation less 20 after revaluation and total is 450, also 800 is depreciated at 34 to 766, then the difference is 316 which is multiplied at 30% with result of deferred tax liability of 94.8
How is right indeed?
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