Following are the statement of profit or loss for Oracle and Java for the year ending 31 March 2016.
Consolidated POL and OCI
Following are the statement of profit or loss for Pizam and Plutka for the year ending 31 December 2016.
On 1 January 20X4, Plastik acquired 80% of the equity share capital of Subtrak. The consideration was satisfied by a share exchange of two shares in Plastik for every three acquired shares in Subtrak. At the date of acquisition, shares in Plastik and Subtrak had a market value of $3 and $2.50 each respectively. Plastik will also pay cash consideration of 27.5 cents on 1 January 20X5 for each acquired share in Subtrak. Plastik has a cost of capital of 10% per annum. None of the consideration has been recorded by Plastik.
On 1 January 20X2, Viagem acquired 90% of the equity share capital of Greca in a share exchange in which Viagem issued two new shares for every three shares it acquired in Greca. Additionally, on 31 December 20X2, Viagem will pay the shareholders of Greca $1.76 per share acquired. Viagem's cost of capital is 10% per annum.
At the date of acquisition, shares in Viagem and Greca had a stock market value of $6.50 and $2.50 each respectively.
STATEMENTS OF PROFIT OR LOSS FOR THE YEAR ENDED 30 SEPTEMBER 20X2