for additional information no.5 student row 7,8 or 9 is to be used for the question.

1 Additional Information Stanley plc acquired ff ordinary shares in Boris Ltd for gg on 1" January 2013 when the retained earnings of Boris Ltd were hh. At the same time Stanley plc purchased jj 10% loan notes at par in Boris Ltd. 2 Stanley pic acquired 120,000 ordinary shares in Rachel Ltd for kk on 14 May 2016 when the retained earnings of Rachel Ltd were II. Included in inventory of Stanley plc are goods valued at 24,000 which had been purchased from Boris Ltd at cost plus 20%. Goodwill arising on the acquisition of Boris Ltd has been reviewed for impairment and has been revealed to have suffered a loss of Emm. The group accounting policy is to value goodwill and non-controlling interest on the full basis. The non-controlling interest at acquisition was Enn. 3 4 5 ff 58 hh kk 1 mm nn Student number last digit E 0,1 or 2 3, 4, 5 or 6 7, 8 or 9 400,000 425,000 450,000 E 600,000 700,000 670,000 f 239,000 224,000 234,000 E 100,000 70,000 40,000 248,000 182,000 250,000 E 300,000 150,000 300,000 E 4,000 16,000 4,000 E 149,000 60,000 75,000 Required: i. it. Prepare a consolidated statement of financial position for Stanley plc as at 31" December 2020. (25 marks) Goodwill and non-controlling interest can be measured either on the full or the partial basis. Explain what each of these methods is measuring and recalculate the goodwill and non- controlling interest in Stanley plc from part (1) under the partial basis. (Work to the nearest 000) (5 marks) (Total 30 marks) (Paper Total: 100 marks) 1 Additional Information Stanley plc acquired ff ordinary shares in Boris Ltd for gg on 1" January 2013 when the retained earnings of Boris Ltd were hh. At the same time Stanley plc purchased jj 10% loan notes at par in Boris Ltd. 2 Stanley pic acquired 120,000 ordinary shares in Rachel Ltd for kk on 14 May 2016 when the retained earnings of Rachel Ltd were II. Included in inventory of Stanley plc are goods valued at 24,000 which had been purchased from Boris Ltd at cost plus 20%. Goodwill arising on the acquisition of Boris Ltd has been reviewed for impairment and has been revealed to have suffered a loss of Emm. The group accounting policy is to value goodwill and non-controlling interest on the full basis. The non-controlling interest at acquisition was Enn. 3 4 5 ff 58 hh kk 1 mm nn Student number last digit E 0,1 or 2 3, 4, 5 or 6 7, 8 or 9 400,000 425,000 450,000 E 600,000 700,000 670,000 f 239,000 224,000 234,000 E 100,000 70,000 40,000 248,000 182,000 250,000 E 300,000 150,000 300,000 E 4,000 16,000 4,000 E 149,000 60,000 75,000 Required: i. it. Prepare a consolidated statement of financial position for Stanley plc as at 31" December 2020. (25 marks) Goodwill and non-controlling interest can be measured either on the full or the partial basis. Explain what each of these methods is measuring and recalculate the goodwill and non- controlling interest in Stanley plc from part (1) under the partial basis. (Work to the nearest 000) (5 marks) (Total 30 marks) (Paper Total: 100 marks)