Consolidated SFP Basics 2 / 5

Describe the components of and prepare a consolidated statement of financial position or extracts thereof including:

i) Fair value adjustments at acquisition on land and buildings (excluding depreciation adjustments) 
ii) Fair value of consideration transferred from cash and shares (excluding deferred and contingent consideration) 
iii) Elimination of intra-group trading balances (excluding cash and goods in transit) 
iv) Removal of unrealised profit arising on intra-group trading
v) Acquisition of subsidiaries part way through the financial year
Consolidated SFP Basics