Merger accounting (uniting of interest accounting) vs Acquisition accounting Q3. On 01/10/X2, Malfoy acquired all of Dursley's share capital using a 2 for 1 share exchange, when the respective share market values were: Malfoy 5; Dursley 10. The fair values of Dursley's land and buildings and plant and machinery were 40m and 10m respectively, current assets were worth their NBV. The respective balance sheets (Em) of the two companies at 01/10/X2 are given below. Land & buildings Plant & machinery Net current assets 20 Malfoy Dursley 30 10 10 10 10 60 30 20 10 20 60 30 Shares (61) Revenue Reserves 40 a) Prepare the consolidated balance sheet of Malfoy Group as at 01/10/X2 if the method used by Malfoy to account for the acquisition was: ii) the uniting of interests method