Ping Pong Consol.

PPE 50,000 40,000 PPE 90,000

Investment 30,000 - Goodwill 6,734
80,000 40,000 Brand 5,000

Inventory 3,000 8,000 Inventory 11,000

Owed by Ping - 10,000
Receivalbes 16,000 7,000 Receivalbes 23,000
Cash 2,000 - Cash 4,000
21,000 25,000 38,000
TA 101,000 65,000 TA 139,734

Ord. shares 45,000 25,000 Ord. shares 45,000

RS 12,000 5,000 RS 12,000
RE 26,000 28,000 GRE 42,989
NCI 13,400
Owed to Pong 8,000 -
Trade payables 10,000 7,000 Trade payables 17,000
101,000 65,000 Deferred consi 9,346
Check - - 139,734
-
W1 Def. consideration

PV @ acq. 8,734 Con. Trans

Fin cost 611 P RE
Payable @ rep. date 9,346 CSFP

W2 Brand

Value 5,000 GW, CSFP

W3
Owed by Ping 10,000
Owed to Pong 8,000
Cash in transit 2,000 Consol. Cash

W4 Goodwill W5 GRE
P S
Cons. Transferred 38,734 Per question 26,000 28,000
FV of NCI 9,000 Pre acq RE (6,000)
Unwinding of def. cons (611)
Net assets acquired Post acq RE 22,000
Share capital (25,000) Share of post acq RE 17,600
Pre acq. RE (6,000) GRE @ rep. date 42,989
Pre acq. RS (5,000)
Brand (5,000) W6 NCI
Goodwill @ acq 6,734
Impairment - Nci @ acq 9,000
Goodwill @ rep. da 6,734 Share of post acq RE 4,400
NCI @ rep. date 13,400