34. Consolidation 4 See document in assignment 31. What is the adjustment of operating costs from the consolidation of DB? O a) They are decreased by 80,0 b) They are increased by 80,0 O c) None O d) They are decreased by 105,5 Assignment - Consolidation (answer the questions in Exia) PMAB acquires 100 percent of the shares in the subsidiary DB in March 31, 20x2. The purchase price is 320. The book value of equity at the purchase date in DB is 184. Of the difference between the equity and the purchase price, 80 before tax are referred to "customer lists and amortized over 5 years. DB has sold products to PMAB at a selling price of 40 in December, year x2. At the end of the year all products are still included in the inventory for PMAB. The profit margin on the sale from DB was 25 percent. Complete the consolidated balance sheet and the consolidated income statement for 20x2. The tax rate is 20 percent. 31/12 20x2 PMAB DB Column 1 Column 2 Column 3 Column 4 CBS Goodwill Other intangibles Real estate 112,0 Inventory 40,0 308,0 Shares in DB 320,0 Cash 40,0 Total assets 360,0 460,0 Share capital* 320,0 120,0 Other equity 104,0 Deferred tax 36,0 Debt 40,0 200,0 Total debt/EQ 360,0 460,0 80 mn shares 20x2 PMAB DB Column 5 Column 6 Column 7 Column 8 CIS Sales 422,0 -320,0 Operating costs Deprec/amortisation -24,0 EBIT 78,0 Financial net -14,0 EBT 64,0 Deferred tax -12,0 Taxes paid -12,0 Net income 40,0