At the acquisition date of Cormier SA, the contingent consideration classified as a liability has a fair value of 255,000. At the reporting date, its fair value is 340,000, the increase resulting from better earnings prospects that arose after the acquisition date. Case assumption: the change does not come from information about facts existing at the acquisition date. Calculate the change in fair value to be recognised in profit or loss.
- Fair value at the acquisition date
- 255,000
- Fair value at the reporting date
- 340,000