Heights, a public listed company, acquired 75% of Songsam's ordinary shares on 1 April 2014. Heights paid an immediate N$3.50 per share in cash and agreed to pay a further amount of N$108 million on 1 April 2015. Heights's cost of capital is 8% per annum. Heights has only recorded the cash consideration of N$3.50 per share.

The summarised statements of financial position of the two companies at 31 March 2015 are shown below:

Heights	Songsam
	N$m	N$m
Property, plant and equipment (note (i))	420	320
Development costs (note (iv))	nil	40
Investments (note (ii))	300	20
Current assets	133	91
Total assets	853	471
Equity and liabilities
Ordinary shares of N$1 each	270	80
Reserves:
Share premium	80	40
Revaluation surplus	45	nil
Retained earnings 1 April 2014	160	134
year to 31 March 2015	190	76
Non-current liabilities
10% intragroup loan (note (ii))	nil	60
Current liabilities	108	81
Total equity and liabilities	853	471

The following information is relevant:

(i) Heights has a policy of revaluing land and buildings to fair value. At the date of acquisition Songsam's land and buildings had a fair value N$20 million higher than their carrying amount and at 31 March 2015 this had increased by a further N$4 million (ignore any additional depreciation).

(ii) Included in Heights's investments is a loan of N$60 million made to Songsam at the date of acquisition. Interest is payable annually in arrears. Songsam paid the interest due for the year on 31 March 2015, but Heights did not receive this until after the year end. Heights has not accounted for the accrued interest from Songsam.

(iii) Songsam had established a line of products under the brand name of Titanware. Acting on behalf of Heights, a firm of specialists, had valued the brand name at a value of N$40 million with an estimated life of ten years as at 1 April 2014. The brand is not included in Songsam's statement of financial position.

(iv) Songsam's development project was completed on 30 September 2014 at a cost of N$50 million. N$10 million of this had been amortised by 31 March 2015. Development costs capitalised by Songsam at the date of acquisition were N$18 million. Heights's directors are of the opinion that Songsam's development costs do not meet the criteria in IAS 38 Intangible assets for recognition as an asset.

(v) Songsam sold goods to Heights during the year at a profit of N$6 million, one-third of these goods were still in the inventory of Heights at 31 March 2015.

(vi) An impairment test at 31 March 2015 on the consolidated goodwill concluded that it should be written down by N$20 million. No other assets were impaired.

(vii) It is the group policy to. measure non-controlling interest fair value. The fair value of the non-controlling interest in Songsam at the acquisition date was N$83 million.

1.What is the amount of the Net Assets in Branch at aquisition date in N$ millions

2. What is the total amount of the consideration transferred by Root to acquire the investment in Branch in N$ millions

3. What is the goodwill to be recognised in Branch at the aquisition date in N$ millions?

4. What is the total amount of NCI at the aquisition date in N$ millions?