Consolidated statement of financial position

Consolidated statement of financial position
£
ASSETS
Non-current assets
Goodwill (W3) x
PPE (x + y + FVadj – Acc. Dep’n) x
Investment in Associate (W7) x
Investments (x – Consideration paid in subsidiary & associate) x

Current assets
Inventories (x + y) x
Less: PURP (x)
Trade receivables (x + y – intra-group adjustments) x
Cash and cash equivalents x

TOTAL ASSETS X

EQUITY AND LIABILITIES
Equity
Share capital (P’s only) x
Share premium (P’s only) x
Retained earnings (W5) x
NCI (W4) x

Non-current liabilities
Borrowings (x + y – intra-group loan) x
Finance lease liability x

Current liabilities
Trade payables (x + y – intra-group transfers) x
Taxation (x + y) x
Deferred consideration (x + unwinding of interest) x

TOTAL EQUITY AND LIABILITIES X


W1 – Group Structure