Dfs 2010 =)

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  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    balance

    If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????
  • Rinske
    Rinske Registered Posts: 2,453 Beyond epic contributor 🧙‍♂️
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    Anyone here sat it in Southampton? I was wondering if the girl who went out hardly an hour in went home because she couldn't do it, or that she was just so good she finished by then?

    I thought the paper was fair and I'm not 100% sure on section 2, but in section 1 everything balanced. I'm not sure about the question about inventories, but waffled a bit!

    Hopefully I scrambled enough marks in section 2 :)

    Silly enough I'm quite sure I had the question 2 in section 2 wrong.... I studied on it and knew it when I did practice question, but my brain went mushy on that question, even though I did it before I started on the rest.

    O well, we'll see!

    Happy Rinske now though. Also the lunch in Costa with Anniem was a great way to celebrate the end of the exams for me!
  • bobo
    bobo Registered Posts: 23 New contributor 🐸
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    exam panic wrote: »
    If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????

    I got 2704 :) I've got in front of me all my answers....
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    balance sheet assets figure is about 30805 if some one can remember exactly

    The balance sheet assets is 30805 .....
  • CrazySexyCool
    CrazySexyCool Registered Posts: 52 Regular contributor ⭐
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    exam panic wrote: »
    If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????

    Yea I think that's what I got.
  • bobo
    bobo Registered Posts: 23 New contributor 🐸
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    exam panic wrote: »
    The balance sheet assets is 30805 .....

    yep
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    second task

    Consolidate I think is 90445 I really can't remember but st like that
  • mint
    mint Registered Posts: 14 New contributor 🐸
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    exam panic wrote: »
    Consolidate I think is 90445
    i got this : )
  • bobo
    bobo Registered Posts: 23 New contributor 🐸
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    exam panic wrote: »
    Consolidate I think is 90445

    I got 95444.70 without roundings
  • lewpylew
    lewpylew Registered Posts: 216 Dedicated contributor 🦉
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    Rinske - where did you sit your exam?

    I found part 2 was really nice - the ratios were really straight forward, the report was straightforward and even the question on the framework was do-able.
  • donnaalwill
    donnaalwill Registered Posts: 116 Dedicated contributor 🦉
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    Yup got 2704 for IS, 30805 for sofp, I got 95445 for the consolidated IS?
  • C2XVT
    C2XVT Registered Posts: 62 Regular contributor ⭐
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    Yeap I got £186.30 for the impairment loss, and balanced at £95444.70
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    I reaaly can't remember much by now but it all balance so I think will be ok
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    impaire is

    186.3 so I round down to 186 and good will I think I got 1056 if that I remember
  • Rinske
    Rinske Registered Posts: 2,453 Beyond epic contributor 🧙‍♂️
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    lewpylew wrote: »
    Rinske - where did you sit your exam?

    I found part 2 was really nice - the ratios were really straight forward, the report was straightforward and even the question on the framework was do-able.
    BBP Southampton.
  • Rinske
    Rinske Registered Posts: 2,453 Beyond epic contributor 🧙‍♂️
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    I didn't round it up or down. But just left it as .3 or .7 or whatever it was!
  • jnrmo
    jnrmo Registered Posts: 14 New contributor 🐸
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    exam panic wrote: »
    If it balance we must do something right I thought very straight forward paper any one got 2704(or st like that ) net profit for 1st task????
    Then you had to do a statement of changes in equity which would give you the retained earnings to use in your sofp.
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    clear up

    now I have to clear up and put my book 8&9 on ebay
  • bobo
    bobo Registered Posts: 23 New contributor 🐸
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    this is what i got for consolidated
    goodwill 1055.70
    ppe 64890
    inventories 19782
    receivables 9356
    cash 361
    Total assets 95444.70

    Share capital 32000
    Share premium 8000
    Retained earnings 15639.70
    Non controling interest 8715
    Payables 10290
    Tax 2800
    Total equite&liab 95444.70
  • lewpylew
    lewpylew Registered Posts: 216 Dedicated contributor 🦉
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    Rinske wrote: »
    BBP Southampton.

    I left my exam early so half thought you had done it in the same place as me. Was someone else maybe in the same situation as me or they just know the subject well!!!

    I struggled with this subject at the start, had a go and it just did not work out. I know my weak areas and can just work my socks off as it's the only subject I have left and try again in December as i WILL do this : )
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    reteined earning

    I really don't know what the figure is but from than easy you add profit to retained earning and less devidend but I don't remmeber what it is
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    bobo wrote: »
    this is what i got for consolidated
    goodwill 1055.70
    ppe 64890
    inventories 19782
    receivables 9356
    cash 361
    Total assets 95444.70

    Share capital 32000
    Share premium 8000
    Retained earnings 15639.70
    Non controling interest 8715
    Payables 10290
    Tax 2800
    Total equite&liab 95444.70


    sound right to me that figure if I round down tht will be 95445
  • Rinske
    Rinske Registered Posts: 2,453 Beyond epic contributor 🧙‍♂️
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    Oke, call me stupid, but I didn't see them asking for a statement of changes in equity.

    Did they specifically ask for this or was just workings enough?

    I did find it odd they add it in the study list and not ask for one, but I thought that maybe the exam was made before it was added.

    Anyways, if that was specifically asked, I will most certainly have a resit.

    O well, I'm just so happy I don't have to study for a bit, that I do like to have passed, but if not, at least I got a few months off!

    Huray! I can't wipe that big smile of my face today!
  • exam panic
    exam panic Registered Posts: 157 Dedicated contributor 🦉
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    bobo How can you remember all this

    you must have supper memory better than a computer
  • Primble
    Primble Registered Posts: 734 Epic contributor 🐘
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    Rinske wrote: »
    Oke, call me stupid, but I didn't see them asking for a statement of changes in equity.

    Did they specifically ask for this or was just workings enough?

    I did find it odd they add it in the study list and not ask for one, but I thought that maybe the exam was made before it was added.

    Anyways, if that was specifically asked, I will most certainly have a resit.

    O well, I'm just so happy I don't have to study for a bit, that I do like to have passed, but if not, at least I got a few months off!

    Huray! I can't wipe that big smile of my face today!

    i dont remember one either
  • Tinkerbell007
    Tinkerbell007 Registered Posts: 64 Regular contributor ⭐
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    I don't either - where did you have to do that??!!!
  • donnaalwill
    donnaalwill Registered Posts: 116 Dedicated contributor 🦉
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    I didn't see anything about a statement of changes in equity either? I worked out the retained earnings etc using my usual method. I know you had to explain the changes in equity but don't think we were asked to produce a statement?
  • C2XVT
    C2XVT Registered Posts: 62 Regular contributor ⭐
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    bobo wrote: »
    this is what i got for consolidated
    goodwill 1055.70
    ppe 64890
    inventories 19782
    receivables 9356
    cash 361
    Total assets 95444.70

    Share capital 32000
    Share premium 8000
    Retained earnings 15639.70
    Non controling interest 8715
    Payables 10290
    Tax 2800
    Total equite&liab 95444.70

    How on earth did you remember all that?!
  • tomburns1987
    tomburns1987 Registered Posts: 42 Regular contributor ⭐
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    How did people answer the report in section 2? I have a bad feeling ive interpreted the ratios wrong!
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
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    You didn't. Maybe jnrmo just means the calculation you had to do to get the Retained Earnings figure as that is changes in equity
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