NO.PZ201812100100000408
问题如下:
Based on Exhibit 1 and Note 3 in Exhibit 2, the cumulative translation loss recognized by Ambleu related to the patent purchase on the 31 December 2017 financial statements is closest to:
选项:
A.
NVK0.39 million.
B.
NVK1.58 million
C.
NVK9.12 million.
解释:
B is correct.
IAS 29 indicates that a cumulative inflation rate approaching or exceeding 100% over three years would be an indicator of hyperinflation. Because the cumulative inflation rate for 2016 and 2017 in Crenland was 128.2%, Cendaró’s accounts must first be restated for local inflation. Then, the inflation-restated Crenland guinea financial statements can be translated into Ambleu’s presentation currency, the Norvoltian krone, using the current exchange rate.
Using this approach, the cumulative translation loss on 31 December 2017 for the CRG85.17 million patent purchase is –NVK1.58 million, as shown in the following table.
解析:2016年1月1日母公司给了C公司15NVK,C公司换成了85.17CRG,用来购买了一项专利权,这项专利权增加了C公司的资产。由于C公司所在国家有hyperinflation,母公司遵循IFRS,在转换C公司会计报表时要先restate然后再用current exchange rate转换(注意不是current rate method),由于题目问的时间是2017年12月31日,已经经历了两个财年。
题目解答的表格表现了两个财年中该专利权translate的过程,以及translation loss的累积过程,可以帮助我们理解。计算时可以直接restate两年:85.17*(228.2/100)=194.36CRG,2017年12月31日汇率是14.4810 CRG/NVK,转换后:194.36/14.4810=13.42NVK,比2016年1月1日少了15-13.42= 1.58 NVK
损益表restate用的是平均通胀率,这里因为是购买资产,所以用节点的通胀率,分母上不需要做平均处理,可以这么理解吗?