CERTYNEX IFRS ACADEMY

Halvelle gains control of Sorbane for 3 million paid in cash; Sorbane holds 250,000 of cash, 1.4 million of inventories and receivables and 600,000 of liabilities. Which presentation is complete?

Investing outflow of 3 million, i.e. the price paid, with no other information on the subsidiary acquired.

Outflow of 2.75 million net of cash acquired, the aggregate amount being sufficient without disclosure in the notes.

Investing outflow of 2.75 million; in the notes, consideration, cash portion, cash acquired and other assets and liabilities by category.

Outflow of 1.95 million, deducting from the price the cash acquired and also the liabilities assumed with the subsidiary.