Page 65 - 16. COMPILER QB - INDAS 103

5. Cash & Cash equivalents
Parent 114
Nisha Ltd. 20
Sandhya Ltd. 20 154
6. Trade Payables
Parent 235
Nisha Ltd. 115
Sandhya Ltd. 90 440

Working Notes:
1. Analysis of Reserves and Surplus (Rs in lakh)
Nisha Sandhya
Ltd. Ltd.
Reserves as on 31.3.2017 40 30
Increase during the year 2017-2018 10 10
Increase for the half year till 30.9.2017 5 5
Balance as on 30.9.2017 (A) 45 35
Total balance as on 31.3.2018 50 40
Post-acquisition balance retained Earnings as on 5 5
31.3.2017 10 15
Increase during the year 2017-2018 15 15
Increase for the half year till 30.9.2017 7.5 7.5
Balance as on 30.9.2017 (B) 17.5 22.5
Total balance as on 31.3.2018 25 30
Post-acquisition balance 7.5 7.5
Less: Unealised gain on inventories (5 x 25%)
Post-acquisition balance for CFS - (1)
Total balance on the acquisition date 7.5 6.5
ie.30.9.2017 (A+B) 62.5 57.5

2. Calculation of Effective Interest of Parent company ie. Usha Ltd. in Sandhya Ltd.
Acquisition by Usha Ltd. in Nisha Ltd. = 80%

Acquisition by Nisha Ltd. in Sandhya Ltd. = 75%
Acquisition by Group in Sandhya Ltd. (80% x 75%) = 60%
Non-controlling Interest = 40%
3. Calculation of Goodwill / Capital Reserve on the acquisition date
Nisha Ltd. Sandhya Ltd.
Investment or consideration 170 (140 × 80%)112
Add: NCI at Fair value
(200 x 20%) 40
(160 x 40%) - 64

210 176
Less: Identifiable net assets (Share capital +
Increase in the Reserves and Surplus till
16. 64