F2 Exam Dumps : F2 Advanced Financial Reporting

Include all of the parent's income and expenses plus all of the subsidiaries' income and expenses

Ignore investment income from subsidiary to parent (e.g. dividend payments or loan interest)

After profit for the period, show the profit split between amounts attributable to the parent's shareholders and other shareholders

Include all of the parent's income and expenses minus all of the subsidiaries' income and expenses

Include investment income from subsidiary to parent (e.g. dividend payments or loan interest)

A covenant on the existing bank loan that restricts the level of dividend that can be paid.

A projected decrease in interest cover that would breach a covenant on the existing loan.

The revaluation of GG's property that shows an increase in its value since the existing bank loan was taken out.

A projected lack of profits to be able to claim tax relief on the additional interest arising from the new loan.

Joint venture

Joint arrangement

Financial asset

Subsidiary