CSFP - general

PURP

Treat amount held at YE as SP eg if 12,800 sold, but 9,600 held at YE, 9,600 is SP

W2: FV uplift in rep, acq, or both

Both

When acq a sub

Align sub’s acc policies with group policies eg if group uses reval model for land, whereas sub uses cost model, reval sub’s land to match group policy

if group uses reval model

Need reval surplus in W2

Group RE W: finance costs

Pro-rate finance costs for deferred consideration by time left between YE and date of contingent consideration payment

Investments line

Deduct cash consideration in S/A/JV, add any dividends paid by A/JV