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Hi there,
I don’t suppose you could help me understand the answer in this technical article could you?
I am struggling to understand where the net assets at Y/e figures of $775 and $324 come from, although I can hazard a guess… The problem is the only table the writer hasn’t provided is the equity tables and these numbers are affecting all of my computations, e.g. RE, NCI, Impairment of G/W etc etc
not to worry, I think I have sorted it..
There are adjustments in Del ($20) and ($5) in Retained Earnings and in Trigger of ($70) and $14 in RR taking me to $775 and $324 respectively.
This is one of the first I have seen where the year end figures needed to be restated in the equity table, I have seen may where the FV difference leads to a change in both acquisition and y/e but none that just affected y/e….
I will just keep going….
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