Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Business
Combinations and
Goodwill
Exclusions
Combinations of entities or businesses under
common control
The formation of a joint venture
Acquisition of a group of assets that do not
constitute a business
Illustrative Example
On 30 June 2010, ABC Limited acquired 100% of the
ordinary share capital of DEF Inc., a fruit grower and
fruit juice producer for the wholesale market operating
in southern European countries. The fair value of DEF
Inc.'s assets and liabilities as of 30 June 2010 arising
from the acquisition is $1,336. The cost of the
contribution is made up as follows:
Cash Paid
$1,405
Transaction costs
20
Illustrative Example
A purchased a competitors (B) taxi business for
CU42,000, which was paid in cash on the date of
acquisition. The business combination was effected by
the assets, obligations and operations of the taxi
business being transferred to A.
Reference
https://www.pwc.com/gx/en/ifrs-reporting/pdf/ifrs-forsmes-illustrative-f-s2010.pdf
https://www.pwc.no/no/ifrs/publikasjoner/similaritiesand-differences-a-comparison-of-ifrs-for-smes-and-fullifrs.pdf
http://www.ifrs.org/IFRS-for-SMEs/Documents/IFRS
%20for%20SMEs%20Modules/Module19_version
%202013%20(final).pdf
www.icagh.com/file/IFRSforSMEs2009[1].pdf