Task: provide a statement of financial position of Barrick Gold without the merger with before the consolidation with NEM.

The following is an article that appeared in the newspaper on March 11, 2019: Barrick Gold withdraws its hostile takeover bid for Newmont. This article mentions that Barrick Gold (ABX:CA) will hold 61.5% of the shares of Newmont Mining Corp. Holding Co (NEM), a transaction that closed on July 1, 2019. Below is a summary of the market value of the mines acquired by Barrick Gold along with the consolidated statement of financial position as of December 31, 2019.

Ignoring any transactions and investments other than this one in 2019, you should prepare the statement of financial position of Barrick Gold without the merger with before the consolidation with NEM. You do not need to consider any other additional information to complete the second part of Assignment 2. Remember to include your steps as presented in class.

Consolidated statement of financial position as of December 31

Current assets: 6887$

Long term stocks: 2300$

Net tangible fixed assets: 24141$

Intangible assets: 226$

Goodwill: 4769$

Other non-current assets: 6069$

Non-current assets: 37505$

Total assets: 44392$

Current liabilities : 2376$

Non-current deferred tax liabilities : 3091$

Provisions : 3114$

Other non-current liabilities: 5984$

Non-current liabilities : 12189$

Total liabilities : 14565$

Capital stock : 29231$

Undistributed result : (9722$)

Gains or losses not affecting retained earnings : (122$)

Other equity securities: 2045$

Non-controlling interests in a subsidiary: 8395$

Total equity: 29827$

Liabilities and Equity: 44392$

Fair value of non-controlling interest in mines sold by Barrick: 3897 millions of dollars $

Final distribution of the fair value of the mines acquired from Newmont:

current assets: 149 millions of dollars $

long-term stocks: 970 millions of dollars $

net property, plant and equipment: 3534 millions of dollars $

goodwill: 2520 millions of dollars $

total assets: 7173 millions of dollars $

current liabilities: 119 millions of dollars $

non-current deferred tax liability: 268 millions of dollars $

provisions: 449 millions of dollars $

total liabilities: 836 millions of dollars $

non-controlling interest: 2440 millions of dollars $

net-assets acquired: 3897 millions of dollars $