6月ACCA P2考试真题及答案

Corporate Reporting
(International)
Tuesday 9 June 2009

Section A – This ONE question is compulsory and MUST be attempted
1 Bravado, a public limited company, has acquired two subsidiaries and an associate. The draft statements of financial
position are as follows at 31 May 2009:
Bravado Message Mixted
$m $m $m
Assets:
Non-current assets
Property, plant and equipment 265 230 161
Investments in subsidiaries
Message 300
Mixted 128
Investment in associate – Clarity 20
Available-for-sale financial assets 51 6 5
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764 236 166
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Current assets:
Inventories 135 55 73
Trade receivables 91 45 32
Cash and cash equivalents 102 100 8
—— —- —-
328 200 113
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Total assets 1,092 436 279
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Equity and liabilities:
Share capital 520 220 100
Retained earnings 240 150 80
Other components of equity 12 4 7
—— —- —-
Total equity 772 374 187
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Non-current liabilities:
Long-term borrowings 120 15 5
Deferred tax 25 9 3
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