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For this video, are the share premium values ($4) in question changed at the year end with market value of the shares e.g. if fv changes from $3 to $5 or is this kept in book as $3 historic rate.
Also when consolidating i know we need to include the parents share capital, does this include share premium?
No, once the amounts of share capital/premium are recorded following the issue of the shares their value is not changed to the fair value.
Yes, when consolidating we include 100% of the parent’s share capital and share premium.
Thank you 🙂