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Investment Analysis of Son and Kim

1. POP owns a 70% stake in SON. POP's investment in SON was recorded at $2,800, with $800 assigned to inventory undervaluation and $320 to building undervaluation. 2. POP's income from SON was $112, after amortizing the inventory adjustment over 1 year and building adjustment over 7 years. NCI's share was $48. 3. At year-end 2016, POP's investment was $2,884 after recording income of $112 but deducting a $28 dividend.

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488 views33 pages

Investment Analysis of Son and Kim

1. POP owns a 70% stake in SON. POP's investment in SON was recorded at $2,800, with $800 assigned to inventory undervaluation and $320 to building undervaluation. 2. POP's income from SON was $112, after amortizing the inventory adjustment over 1 year and building adjustment over 7 years. NCI's share was $48. 3. At year-end 2016, POP's investment was $2,884 after recording income of $112 but deducting a $28 dividend.

Uploaded by

silvia twig
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Nama : Nur Alimah Khasanah

NIM : 20116017
1 Investment in Son

NABV of Son
Excess of Cost Over Book Value Acquired

Inventory Under value


Plant Assets Under value
Total assigned to identifiable net assets
Goodwill

1 Income From Sun


Net Income from Son 280
Amortization
Inventories -80 100%
Plant Asset -320 0.125
Income From Son

2 Non Controlling Interest (NCI) Share


Net Income from Son 280
Non Controlling Interest (NCI) Share
Inventories -80 100%
Plant Asset -320 0.13
Non Controlling Interest (NCI) Share

3 Nilai Investasi 31 Dec 2016


Investasi Awal
Income From Son
Less Deviden in Son -40 70%
Nilai Investasi 31 Dec 2016

Tahun 2016 POP SON


Income Statement
Revenue $ 600 $ 500
Income from Son $ 112
COGS $ - $ -
Expenses $ 312 $ 220
Non controlling Interest share $ - $ -
Controlling share of net Income $ 400 $ 280
Retained Earnings Statement
Retained earnings 1 Jan 2016 $ 2,072 $ 1,200
Net Income $ 400 $ 280
Less Deviden $ 160 $ 40

Retained earnings 31 Dec 2016 $ 2,312 $ 1,440


Statement of Financial Position
Cash $ 240 $ 80
Accounts receivable—customers $ 1,760 $ 800
Accounts receivable from Pop $ - $ 40
Dividends receivable $ 28 $ -
Inventories $ 2,000 $ 1,280
Land $ 400 $ 600
Plant assets—net $ 2,800 $ 1,400
Investment in Son $ 2,884 $ -

Unamortized Excess $ - $ -
Goodwill $ - $ -
Total Asset $ 10,112 $ 4,200
Accounts payable—suppliers $ 1,200 $ 320
Accounts payable to Son $ 40 $ -
Dividends payable $ 160 $ 40
Long-term debt $ 2,400 $ 400
Capital stock $ 4,000 $ 2,000
Retained earnings $ 2,312 $ 1,440
Non Controlling Interest

Total Liabilities and stockholders equity $ 10,112 $ 4,200


(dalam ribuan)
$ 2,800 70%
$ 4,000 100%
$ 3,200 100%
$ 800

$ 80
$ 320
$ 400
$ 400

m Sun Income From Sun


70% $ 196 Net Income from Son 60
Amortization
70% -56 Inventories -80 100%
70% -28 Plant Asset ### 0.125
$ 112 Income From Son

est (NCI) Share


30% $ 84

30% $ -24
30% $ -12
$ 48

$ 2,800
$ 112
$ -28
$ 2,884

Journal Eliminasi Journal Eliminasi


Konsolidasi
Debet Credit
1 Income from Son
$ 1,100
$ 112 $ -
$ 80 $ 80
$ 40 $ 572 2 NCI Share
$ 48 $ 48
$ 280 $ 400
$ 1,200 $ 2,072 3 Capital Stock in Son
$ 400 Retained Earnings in Son
$ 28 $ 172 Unamortized Excess
$ 12 $ -12
$ 2,312

$ 320 4 Inventory
$ 2,560 Plant Asset
$ 40 $ - Goodwill
$ 28 $ -
$ 80 $ 80 $ 3,280
$ 1,000 5 COGS
$ 320 $ 40 $ 4,480
$ 84 $ 2,800
$ 2,800 $ -2,800 6 Expense
$ 800 $ 800 $ -
$ 400 $ 400
$ 1,600 $ 3,872 $ 12,040 7 Accounts payable to Son
$ 1,520
$ 40 $ -
$ 28 $ 172 8 Dividends payable
$ 2,800
$ 2,000 $ 4,000
$ 2,312
$ 36 $ 36
$ 1,200 $ 1,200
$ 2,068 $ 1,236 $ 12,040
ome From Sun
90% $ 54

70% -56
70% -28
$ -30

$ 112
Deviden $ 28
Investment in Son $ 84

$ 48
Deviden $ 12
NCI $ 36
Stock in Son $ 2,000
d Earnings in Son $ 1,200
rtized Excess $ 800
Investment in Son $ 2,800 70%
NCI $ 1,200 30%

$ 80
$ 320
$ 400
Unamortized Excess $ 800

$ 80
Inventory $ 80

$ 40
Plant Assets - Net $ 40

ts payable to Son $ 40
Accounts receivable from Pop $ 40

ds payable $ 28
Dividends receivable $ 28
Nama : Nur Alimah Khasanah
NIM : 20116017
1 Investment in Kim

NABV of Son
Excess of Cost Over Book Value Acquired

Inventory Over value


Buildings Under value
Total assigned to identifiable net assets
Goodwill

1 Income From Sun


Net Income from Kim 500
Amortization
Inventories 100 100%
Building -600 0.167
Income From Kim

2 Non Controlling Interest (NCI) Share


Net Income from Kim 500
Non Controlling Interest (NCI) Share
Inventories 100 100%
Plant Asset -600 0.17
Non Controlling Interest (NCI) Share

3 Nilai Investasi 31 Dec 2016


Investasi Awal
Income From Kim
Less Deviden in Kim -100 90%
Nilai Investasi 31 Dec 2016

Tahun 2016 POP SON


Income Statement
Revenue $ 600 $ 500
Income from Son $ 112
COGS $ - $ -
Expenses $ 312 $ 220
Non controlling Interest share $ - $ -
Controlling share of net Income $ 400 $ 280
Retained Earnings Statement
Retained earnings 1 Jan 2016 $ 2,072 $ 1,200
Net Income $ 400 $ 280
Less Deviden $ 160 $ 40

Retained earnings 31 Dec 2016 $ 2,312 $ 1,440


Statement of Financial Position
Cash $ 240 $ 80
Accounts receivable—customers $ 1,760 $ 800
Accounts receivable from Pop $ - $ 40
Dividends receivable $ 28 $ -
Inventories $ 2,000 $ 1,280
Land $ 400 $ 600
Plant assets—net $ 2,800 $ 1,400
Investment in Son $ 2,884 $ -

Unamortized Excess $ - $ -
Goodwill $ - $ -
Total Asset $ 10,112 $ 4,200
Accounts payable—suppliers $ 1,200 $ 320
Accounts payable to Son $ 40 $ -
Dividends payable $ 160 $ 40
Long-term debt $ 2,400 $ 400
Capital stock $ 4,000 $ 2,000
Retained earnings $ 2,312 $ 1,440
Non Controlling Interest

Total Liabilities and stockholders equity $ 10,112 $ 4,200


(dalam ribuan)
$ 9,000 90% NICK = INDUK
$ 10,000 100% KIM = ANAK
$ 9,000 100%
$ 1,000

$ -100 100% $ -100


$ 600 0.17 $ 100.00
$ 500 $ 1 $ -
$ 500 $ -1 $ -

m Sun Income From Sun


90% $ 450 Net Income from Son 60
Amortization
90% 90 Inventories -80 100%
90% -90 Plant Asset ### 0.125
$ 450 BENAR Income From Son

est (NCI) Share


10% $ 50

10% $ 10
10% $ -10
$ 50

$ 9,000
$ 450
$ -90
$ 9,360 BENAR

Journal Eliminasi Journal Eliminasi


Konsolidasi
Debet Credit
1 Income from Son
$ 1,100
$ 450 $ -338
$ - $ 80
$ 100 $ 632 2 NCI Share
$ 50 $ 50
$ 280 $ 400
$ 4,000 $ -728 3 Capital Stock in Son
$ 400 Retained Earnings in Son
$ 90 $ 110 Unamortized Excess
$ 12 $ -12
$ -426

$ 320 4 Building
$ 2,560 Goodwill
$ 200 $ -160
$ 28 $ -
$ - $ - $ 3,280
$ 1,000
$ 600 $ 100 $ 4,700
$ 360 $ 2,524 Amortisasi invento 5 Inventory
$ 9,000 $ -9,000
$ 800 $ 1,000 $ -200
$ 500 $ 500 6 Depr Exp
$ 1,900 $ 10,688 $ 5,524
$ 1,520
$ 200 $ -160 7 Accounts payable Kim
$ 28 $ 172
$ 2,800
$ 5,000 $ 1,000 8 Dividends payable
$ -426
$ 38 $ 38
$ 1,000 $ 1,000 nick kim 2015
$ 5,228 $ 1,038 $ 5,944 dev kim 15
ome From Sun
90% $ 54

70% -56
70% -28
$ -30

$ 450 karena masih satu entitas, jdiii menutup income dri anak karena inc anak = inc in
Deviden $ 90 dividen anak ditutup yg diakui dividen induk
Investment in Son $ 360

$ 50 karena beban dri siii klaim laba pemegang saham minoritas


Deviden $ 12 dividen minoritas
NCI $ 38 bagian pemegang saham anak
Stock in Son $ 5,000 data awal periode
d Earnings in Son $ 4,000 data awal periode
rtized Excess $ 1,000
Investment in Son $ 9,000 90% awal
NCI $ 1,000 10%

$ 600
$ 500
Unamortized Excess $ 1,000
Inventory $ 100

$ -
COGS $ -

$ 100
Buildings $ 100

ts payable Kim $ 200


Accounts receivable Nick $ 200

ds payable $ 28
Dividends receivable $ 28

700
200
dri anak karena inc anak = inc induk
Nama : Nur Alimah Khasanah
NIM : 20116017
1 Investment in Kim

NABV of Kim
Excess of Cost Over Book Value Acquired

Inventory Over value


Buildings Under value
Total assigned to identifiable net assets
Goodwill

1 Income From Kim


Net Income from Kim 500
Amortization
Inventories 100
Building -600 0.167
Income From Kim

2 Non Controlling Interest (NCI) Share


Net Income from Kim 500
Non Controlling Interest (NCI) Share
Inventories 100
Buildings -600 0.17
Non Controlling Interest (NCI) Share

3 Nilai Investasi 31 Dec 2014


Investasi Awal
Income From Kim
Less Deviden in Kim -100 90%
Nilai Investasi 31 Dec 2016

Description Nick NV Kim NV


Income Statement
Sales $ 9,800 $ 4,700
Income from Kim NV $ 450
Cost of Sales $ 6,100 $ 3,000
Depreciation Expense $ 1,000 $ 500
Other Expenses $ 150 $ 700
Non Controlling Interest share
Net Income $ 3,000 $ 500
Retained Earnings Statement
Retained earnings 1 Jan 2014 $ 11,200 $ 4,000
Net Income $ 3,000 $ 500
Less Deviden $ 600 $ 100

Retained earnings 31 Dec 2016 $ 14,800 $ 4,600


Statement of Financial Position
Cash $ 1,800 $ 100
Accounts receivable—net $ 1,400 $ 600
Inventories $ 2,000 $ 1,600
Other current assets $ 1,000 $ 900
Land $ 3,300 $ 2,800
Buildings-net $ 4,000 $ 3,400
Equipment-net $ 2,100 $ 1,900
Investment in Kim NV $ 9,360

Unamortized Excess
Goodwill
Total Asset $ 24,960 $ 11,300
Accounts payable $ 4,100 $ 1,300
Other liabilities $ 3,860 $ 600
Capital Stock, $10 par $ 3,400 $ 5,000
Retained Earnings $ 13,600 $ 4,400
Non Controlling Interest

Total Liabilities and stockholders equity $ 24,960 $ 11,300


(dalam ribuan)
$ 9,000 90%
$ 10,000 100%
$ 9,000 100%
$ 1,000

$ -100 100%
$ 600 0.17
$ 500
$ 500

m Kim
90% $ 450

90% 90
90% -90
$ 450

est (NCI) Share


10% $ 50

10% $ 10
10% $ -10
$ 50

$ 9,000
$ 450
$ -90
$ 9,360 BENAR

Journal Eliminasi Journal Eliminasi


Konsolidasi
Debet Credit
1 Income from Kim
$ 14,500
450 $ -
$ 100 $ 9,200
$ 100 $ 1,400 2 NCI Share
$ 850
$ 50 $ -50
$ 600 $ 100 $ 3,000
3 Capital Stock Kim
$ 4,000 $ 11,200 Retained Earnings Kim
$ 3,000 Unamortized Excess
90 $ 600
$ 10
$ 13,600
4 Building
$ 1,900 Goodwill
$ 200 $ 1,800
$ 100 $ 100 $ 3,600
$ 1,900
$ 6,100
$ 600 $ 100 $ 7,900
$ 4,000 5 Inventory
360 $ -
$ 9,000
$ 1,000 $ 1,000 $ - 6 Depreciation Expense
$ 500 $ 500
$ 27,700
$ 200 $ 5,200 7 Accounts payable Kim
$ 4,460
$ 5,000 $ 3,400
$ 13,600
$ 40 $ 40
$ 1,000 $ 1,000
$ -
$ -
$ 12,600 $ 12,100 $ 27,700
-
$ 450 karena masih satu entitas, jdiii menutup income dri anak karena inc anak = inc in
Deviden $ 90 dividen anak ditutup yg diakui dividen induk
Investment in Kim $ 360

$ 50 karena beban dri siii klaim laba pemegang saham minoritas


Deviden $ 10 dividen minoritas
NCI $ 40 bagian pemegang saham anak
$ 5,000 data awal periode
d Earnings Kim $ 4,000 data awal periode
rtized Excess $ 1,000
Investment in Kim $ 9,000 90% awal
NCI $ 1,000 10%

$ 600 dri tabel depresiasi


$ 500
Unamortized Excess $ 1,000
Inventory $ 100

$ 100
Cost of Sales $ 100

iation Expense $ 100


Buildings - net $ 100

ts payable Kim $ 200


Accounts receivable Nick $ 200
dri anak karena inc anak = inc induk
Nama : Nur Alimah Khasanah
NIM : 20116017
1 Investment in Son

NABV of Son
Excess of Cost Over Book Value Acquired

Land Undervalue

Total assigned to identifiable net assets


Patent

1 Income From Son


Net Income from Son $ 96
Amortization
Patent $ -160 10.00

Income From Son

2 Non Controlling Interest (NCI) Share


Net Income from Son $ 96
Non Controlling Interest (NCI) Share
Patent $ -160 10.00

Non Controlling Interest (NCI) Share

3 Nilai Investasi 31 Dec 2017


Investasi Awal, 1 Jan 2017
Income From Son
Less Deviden in Son $ -64 90%
Nilai Investasi 31 Dec 2016

Description POP SON


Income Statement
Sales $ 1,600 $ 400
Income from Son $ 72
Cost of Sales $ 1,000 $ 200
Other Expenses $ 402.4 $ 104
Amortization Exp
NIC Share $ - $ -
Net Income $ 269.6 $ 96.0
Retained Earnings Statement
Retained earnings 1 Jan 2016 $ 708 $ 136
Net Income $ 269.6 $ 96.0
Less Deviden $ 200 $ 64

Retained earnings 31 Dec 2016 $ 777.6 $ 168.0


Statement of Financial Position
Cash $ 72 $ 60
Accounts receivable—net $ 320 $ 80
Dividends receivable from Son $ 28.8
Note Receivable from Pop $ - $ 20
Inventory $ 380 $ 40
Investment in Son $ 878.4

Land $ 260 $ 120


Buildings - net $ 680 $ 320
Equipment - net $ 520 $ 200
Unamortized Excess $ - $ -
Patent
Total Asset $ 3,139 $ 840
Accounts payable $ 341.6 $ 40.0
Note Payable to Son $ 20 $ -
Dividends payable $ - $ 32
Capital stock, $40 par $ 2,000 $ 600
Retained Earnings $ 777.6 $ 168.0

Non Controlling Interest

Total Liabilities and stockholders equity $ 3,139 $ 840


(dalam ribuan)
$ 810 90% NICK = INDUK
$ 900 100% KIM = ANAK
$ 660 100%
$ 240

$ 80 100%

$ 80
$ 160 10th

m Son
90% $ 86.40

90% $ -14.40

$ 72 BENAR

est (NCI) Share


10% $ 10

10% $ -2

$ 8

Nilai Investasi 31 Dec 2016


$ 864 Investasi Awal, 1 Jan 2016
$ 72 Income From Son
$ -58 Net Income from Son 76 90%
$ 878 Patent $ -160 10 90%
Nilai Investasi 31 Dec 2016

Journal Eliminasi
Konsolidasi
Debet Credit
1
$ 2,000
$ 72 $ -
$ 1,200
$ 506 2
$ 160 $ 160
$ 8 $ 8
$ -96.0 $ 269.6

$ 136 $ 708 3
$ 270
$ 58 $ 200
$ 6
$ 777.6

$ 132 4
$ 400
$ 28.8 $ -
$ 20 $ -
$ 420 5
$ 14 $ 864
$ 810 $ -810
$ 80 $ 460 Amortisasi inventory 6
$ 1,000
$ 720
$ 240 $ 240 $ - Amor buildings 7
$ 160 $ 160 $ -
$ 3,186
$ 382
$ 20 $ -
$ 28.8 $ 3
$ 600 $ 2,000
$ 777.6
$ -
$ 2 $ 2
$ 90 $ 90
$ 1,409 $ 1,429 $ 3,254
(68)
Retained Earnings
$ 810 60 1-Jan-16
$ - 76 NI 2016
68 136 1-Jan-17
$ -14
$ 864

Journal Eliminasi 2017

Income from Son $ 72 karena masih satu entitas, jdiii menutup income dri anak kare
Deviden $ 58 dividen anak ditutup yg diakui dividen induk
Investment in Son $ 14

NCI Share $ 8 karena beban dri siii klaim laba pemegang saham minoritas
Deviden $ 6 dividen minoritas
NCI $ 2 bagian pemegang saham anak

Capital Stock Kim $ 600 data awal periode


Retained Earnings Kim $ 136 data awal periode
Unamortized Excess $ 240
Investment in Son $ 810 90% awal
NCI $ 90 10%

Patent $ 160 dri tabel depresiasi


Land $ 80
Unamortized Excess $ 240

Amortization Exp $ 160


Patent $ 160

Dividend payable $ 28.8


Dividend Receivable from Son $ 28.8 $ -

Note Payable to Son $ 20


Note Receivable from Pop $ 20
$ 1,505 $ 1,429
diii menutup income dri anak karena inc anak = inc induk
kui dividen induk

aba pemegang saham minoritas

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