Trailer, Park& Caller

(a)
W1: Goodwill Computation The G/W computation of Caller is determined on 1 June 2012 w
PC-70% 1270 As the control over Caller is obtained through step acquisition t
FV of PHI 280 Meanwhile the NCI is determine based on the NCI's share of the
NCI (1150* 0.16) 184 As the FV of Caller NA is $1150m, this will give rise to G/W amo
1734
Less: NA
Share capital 800
Pre-acquisition Profit 240
OCE 70
FV of land 40
1150
Goodwill 584

W2 g/l on restatement
FV 280 (b) 14%
CA -310 The 14% acquisition was made on 1June 2011 at $260m, howev
Loss to P&L -30 As Trailer obtained control over Caller on 1 June 2012,
the 14% interest will be restated to its FV on 1 June 2012 thus it
giving rise to a $30m write down fot the 14% interest to P&L.

W2 GW- Park
PC 1250
NCI (1950*0.4) 780
2030
NA
Sh cap 1210
Pre- profit 650
Pre- OCE 55
FV adj 35 -1950

GW 80

(b)
GW impairment
GW NA Total Dr P&L 247
As given 80 2220 2300 Cr GW
FV adj 35 35 Cr PPE
Notional FW 53.3 53.3
133.3 2388.3
RA 2088
Impairment 300.3
 is determined on 1 June 2012 which is the date Trailer obtained control over Caller.
tained through step acquisition thus there would be two PC which is $1270m & $280m.
e based on the NCI's share of the subsidiary NA.
m, this will give rise to G/W amount of $ 580m.

on 1June 2011 at $260m, however it was restated to its FV of $310m by 31 May 2013.
Caller on 1 June 2012,
d to its FV on 1 June 2012 thus its only $280,
wn fot the 14% interest to P&L.

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