TABLE OF CONTENTS | $000 | $000 | ||
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipment | (11,250 + 4,800 + (1,800 6/12) + (80% 700 less 2/5ths 700) - 15) | 17,271 | |
| unrealised profit) | |||
| Software | (80% 300 less 160, i.e.80% 200) | 80 | |
| Goodwill ( W1) | 1,000 - 400 + (500 - 100) | 1,000 | |
| 18,351 | |||
| Investments | (6,000 + 400 - 4,250 Spyder - 1,500 Juke Box) | 650 | |
| 19,001 | |||
| Current assets | |||
| Inventories | (1,120 + 640 + 50% 600) | 2,060 | |
| Trade accounts receivables | (950 + 380 + 50% 320) | 1,490 | |
| Cash and bank | (180 + 50% 280) | 320 | |
| 3,870 | |||
| Total assets | 22,871 | ||
| Equity and liabilities | |||
| Ordinary shares of $1 each | 5,000 | ||
| Reserves | |||
| Accumulated profits ( W2) | 13,311 | ||
| 18,311 | |||
| Minority interests ( W3) | 880 | ||
| Non-current liabilities | |||
| 10% Loan notes | (50% 500) | 250 | |
| Current liabilities | |||
| Trade accounts payable | (1,300 + 850 + 50% 400) | 2,350 | |
| Taxation | (560 + 350 + 50% 100) | 960 | |
| Bank overdraft | 120 | 3,430 | |
| Total equity and liabilities | 22,871 |
| $000 | $000 | ||
|---|---|---|---|
| Investment in Spyder (2,000 80% $2.50) | 4,000 | Ordinary shares | 1,600 |
| Investment in loan notes (500 50%) | 250 | Loan notes (50%) | 250 |
| Accumulated... |
