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There seems to be something wrong with the question
• On 1 January 2015, Luke acquired 80% of the equity interest of Han for a cash consideration of $5,400 million. At 1 January 2014, the identifiable net assets of Finn had a fair value of $3,400 million, and retained earnings were $600 million and other components of equity were $400 million. The excess in fair value is due to an item of non-depreciable land
How can Luke acquire interest in Han and all of a sudden, rest of the information is about Finn? Again, I suspect instead of “1 January 2014”, I suspect the question wanted to say “1 January, 2015”
Can anybody confirm this observations?
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