Public Sector Combinations

Public Sector Combinations

UCC

Recipient Transferor Approach A

Carrying Amount

Contribution/distribution

from/to owners

Derecognition Carrying Amount

Symmetrical Transferor/Recipient

Net assets acquired in excess of consideration

Net liabilities assumed

Gain

Loss

Goodwill1

Loss

Consideration in excess of net

assets acquired

Fair Value

Measurement Basis

Acquisition NUCC All other PSCs

Attachment A

1. Minority view on proviso that a suitable definition of goodwill can be developed for the public sector.

Treatment of Difference