=+. The fair value of the net assets of PRELUDE was the same as their book value
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=+. The fair value of the net assets of PRELUDE was the same as their book value on 1 January 2003. The statement of financial position of PRELUDE showed the following on this date:
€’000 Share capital 200 Retained earnings 450 Re 650 The directors of OPUS estimate that the goodwill arising on the acquisition of PRELUDE has not been impaired at 31 December 2003.
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Related Book For
International Financial Accounting And Reporting
ISBN: 9780903854726
2nd Edition
Authors: Ciaran Connolly
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