Home For AAT student members AQ 2013 AAT Level 4 (Level 8 in Scotland)


Louise:)Louise:) Feels At HomeRegistered Posts: 29
im currently doing consolidation.

im not very sure what the figures mean i.e share capital, reserves etc.

could someone give me a easy meaning for them, so that i can understand the workings better, to produce the b/s.



  • crispycrispy Trusted Regular SouthamptonRegistered Posts: 456

    The share capital figure is simply the division of ordinary shares of the company at par (nominal) value. On the condsolidated b/s this will be 100% of the parent only.

    The consolidated reserves (accumulated profits) will be made up of 100% of the parent, plus the pecentage of post acquisiton reserves of the subsidiary. Have a look at a few past papers for technique of consolidation and I am sure you will have no problem with this.
  • Louise:)Louise:) Feels At Home Registered Posts: 29
    ok thx
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