Stmt of changes in Equity

Question 1

Presentation

Answer 1

• changes in owner’s equity can be presented int he footnotes,
  -supplemental schedules
  -or a separate stmt
  .Most large companies present changes in owner’s equity in a separate stmt

Question 2

changes in OE

Answer 2

Reconciles all of the beginning and ending balances in the equity accounts
Provide beg bal changes during the year and End bal for:
- Stock (Common and preferred stock
- APIC (add. paid in capital)
- RE
- Treasury stock
- AOCI= Beg AOCI+CI

Question 3

Coca Cola OE

Answer 3

2013 2012
Number of Common Stock

Beg Balance xxx
-Purchase of treasury stock (xxx)
+Treasury stock issue to empy xxx
= Bal at the end of the year 4402 4469
COMMON STOCK $ 1760 $ 1760

APIC (CAPITAL SURPLUS)
Bal at beg of yr 2000
stk issue to emply relat to comp plans 100
Tx benefits(charge)from stk corp plan 100
Stk base compest 100
other activities -100
=bal at end of year 2200

RE (reinvested earnings)
Bal at beg of year
+NI
-Dividends
= RE
AOCI (Acumm other comprehensive Income)
Beg bal (xxx)
+- OCI (loss) (xxx)
= En bal AOCI (xxx)
Treasury Stock
Beg Bal (xxx)
Stock issue to emply x comp plas xxx
-Purchase of treasuy stock (xxx)
=Bal ye
=Total equity attributable to sharehol xxxx
Equity attrib. to NONcontrollin interst
beg bal xxx
+Net income to noncont int
+Net foreing currency trans adj
-Div paid
-aquisitions of int held by nonctl
+contribuitiion
+bus combinations
-desconsolidation of certain entities
=Total enquity attrib to non controlling

Question 4

Why the $ value amt of common stk does not change even though the number of shares change?

Answer 4

the dollar value of common stock changes only when a new stock gets issue in a mkt