CSPL workings

Question 1

W2

Answer 1

consolidation schedule

look at p58 of summary notes

Question 2

W3

Answer 2

NCI
NCI% of S’s PFY

Question 3

W4

Answer 3

share of profit of associate

P% A’s PFY
less: current year impairment in A
less: P% A’s FV depreciation
less: P% associate PURP (A seller)
= share of profit of associate

Question 4

What do you need to remember to do for CSPL?

Answer 4

time apportion for new acquisitions in the year of subs