企业合并5高财部分 根据 ifrs3 Associates

Session5AssociatesAssociates1.IAS28investmentsinassociates2.Associatesintheconsolidatedstatementoffinancialposition3.AssociatesintheconsolidatedincomestatementDefinitionofanassociateIAS28definesanassociateas:Anentityoverwhichtheinvestorhassignificantinfluenceandthatisneitherasubsidiarynoraninterestinjointventure.Significantinfluenceisthepowertoparticipateinthefinancialandoperatingpolicydecisionsoftheinvesteebutisnotcontrolorjointcontroloverthosepolicies.Significantinfluenceisassumedwithashareholdingof20%to50%.PrinciplesofequityaccountingandreasoningbehinditEquityaccountingisamethodofaccountingthatbringsanassociateintotheparentcompany’sfinancialstatementsinitiallyatcost.Thecarryingamountoftheinvestmentisthenadjustedineachperiodbythegroupshareoftheprofitoftheassociatelessanyimpairmentlosses.Cont.Theinvestmentintheassociateisthereforestatedat:CostplusGroupshareofretainedpost-acquisitionprofits;lessAmountswrittenoff(i.e.impairmentlosses)Theeffectofthisisthattheconsolidatedstatementoffinancialpositionincludes:100%oftheassetsandliabilitiesoftheparentandsubsidiarycompanyonalinebylinebasisAn‘investmentsinassociates’linewithinnon-currentassetswhichincludesthegroupshareoftheassetsandliabilitiesofanyassociate.Cont.Theconsolidatedincomestatementincludes:100%oftheincomeandexpensesoftheparentandsubsidiarycompanyonalinebylinebasisOneline‘shareofprofitofassociates’whichincludesthegroupshareofanyassociate’sprofitaftertaxNotethatinordertoequityaccount,theparentcompanymustalreadybeproducingconsolidatedfinancialstatements(i.e.itmustalreadyhaveatleastonesubsidiary)2AssociatesintheconsolidatedstatementoffinancialpositionPreparingtheCSFPincludinganassociateTheCSFPispreparedonanormalline-by-linebasisfollowingtheacquisitionmethodfortheparentandsubsidiary.Theassociateisincludedasanon-currentassetinvestmentcalculatedas:$CostofinvestmentxShareofpostacquisitionprofitsxLess:impairmentlosses(x)xCont.Thegroupshareoftheassociate’spostacquisitionprofitsorlossesandtheimpairmentofgoodwillalsobeincludedinthegroupretainedearningscalculation.$000Parentsshareofassociatesnetassetsatreportdate(W2)xCarryinggoodwill/premium(W3)xxStandardworkingThecalculationsforanassociate(A)canbeincorporatedintostandardCSFPworkingasfollows.(W1)GroupstructurePthisindicatesthat:30%Powns80%oftheordinaryofS80%ASalsoowns30%ofthesharesinAS(W2)NetassetsofS:@acquisition@reportingdate$$SharecapitalxxRetainedearningsxxxxA:@acquisition@reportingdate$$SharecapitalxxRetainedearningxxxxW3Goodwill-SProportionofnetassets(oldmethod)PurchaseconsiderationxFor:Parentsshareofsubsnetassets@acqxGoodwillonacquisitionxLess:Impairment(x)CarryingGoodwillxCont.Fullgoodwill(newmethod)CostofinvestmentXFor:Parentsshareofsub’sNA@acq(X)Goodwill-parentsshareXF.VofNCIatacquisitionXLess:NCIshareofNA@acq(X)Goodwill-NCIshareXTotalgoodwillXLessimpairment(x)CarryinggoodwillxW4Non-controllinginterestOldmethod:ParentsshareofsubsnetassetsatreportingdatexNewmethod:ParentshareofsubsnetassetsatreportingdatexNCIshareofGoodwillxxW5GroupretainedearningPreserve(100%)xS–groupshareofpost-acquisitionreservesxA–groupshareofpost-acquisitionreservesxLess:Impairmentlossestodate(S+A)(W3)(x)xW6InvestmentinassociatedcompanyCostofinvestmentxPost-acquisitionprofit(W5)xLess:impairment(x)xOr,ParentsshareofAssociateNA@reportingDatexCarryinggoodwillxxIllustrate1–AssociatesinSCFPBelowarethestatementsoffinancialpositionofthreecompaniesasat31December20x9.DipsyLaalaaPo$000$000$000Non-currentassets:Tangibleassets1,120980840Investment:672,000sharesinLaalaa644------168,000sharesinPo224------1,988980840Currentassets:Inventory380640190Receivables190310100Cash3558466051,0083362,5931,9881,176EquityandliabilitiesCapitalandreserves$1ordinaryshares1,120840560Retainedearnings1,2326024482,3521,4421,008Currentliabilities:Tradepayables150480136Taxation9166322415461682,5931,9881,176Cont.Youarealsogiventhefollowinginformation:1.DipsyacquireditssharesinLaalaaon1January20x9whenLaalaahadretainedlossesof$56,000.2.DipsyacquireditssharesinPoon1January20x9whenPohadretainedearningsof$140,000.3.AnimpairmenttestattheyearendshowsthatgoodwillforLaalaaremainsunimpairedandtheinvestmentinPoby$2,800.4.TheDipsyGroupvaluesthenon-controllinginterestatfullvalue.Thefairvalueon1January20x9was$157,000.Preparetheconsolidatedstatementoffinancialpositionfortheyearended31December20x9forDipsyanditssubsidiary,incorporatingitsassociatedcompanyinaccordancewithIAS28.FairvaluesandtheassociateIfthefairvalueoftheassociate’snetassetsatacquisitionaremateriallydifferentfromtheirbookvaluethenetassetsshouldbeadjustedinthesamewayasforasubsidiaryBalanceswiththeassociateGenerallytheassociateisconsideredtobeoutsidethegroup.Thereforebalancesbetweengroupcompaniesandtheassociatewillremainintheconsolidatedstatementoffinancialposition.Ifagroupcompanytradeswiththeassociate,theresultingpayablesandreceivableswillremainintheconsolidatedstatementoffinancialposition.UnrealisedprofitininventoryAdjustmentmustbemadeforunrealisedprofitininventoryasfollows.1.Determinethevalueofclosinginventorywhichist