TRANSAKSI LABA ANTAR PERUSAHAAN –
PERSEDIAAN
INTERCOMPANY PROFIT TRANSACTIONS –
INVENTORIES
INTERCOMPANY INVENTORY TRANSACTIONS
Gunakan soal pada pertemuan 19 yang lalu.
PT. Astra and Subsidiary
Consolidation Working Papers
For the year ended December 31, 2003
PT.
PT.
Astra
Suma
Income Statement :
- Net sales
10.000
3.000
- Income from Suma
265
- Cost of goods sold
5.500
2.000
- Other expenses
3.500
700
- Minority Int. Income
Net Income
1.265
300
Retained Earnings :
- R/E – Astra 1/1
1.940
- R/E – Suma 1/1
450
- Add Net Income
1.265
300
- Deduct : Dividends
500
100
R/E Dec 31, 2003
2.705
650
Balance Sheet :
- Cash
300
50
- Acc. Receivable
700
200
- Inventories
900
450
- Other current assets
640
100
- Plant & equipment
8.000
1.200
- Investment in Suma
1.460
-
-
Accounts payable
Other liabilities
Capital stock
Retained earnings
12.000
800
495
8.000
2.705
2.000
150
200
1.000
650
Adjustments &
Eliminations
a.
d.
c.
200
265
25 a.
b.
(000)
Minority Consolidated
Interest
F/S
12.800
7.305
200
20
30
e.
450
d.
f.
c.
b.
f.
20
100
e. 1.000
90
100
25
d. 175
e. 1.305
10
4.200
30
1.265
1.940
1.265
500
2.705
350
800
1.325
740
9.200
12.415
850
695
8.000
2.705
12.000
2.000
Minority Int. Jan 1, 03 (10% * 1.450.000)
Minority Int. Dec 31 03
e.
145
145
165
165
12.415
Contoh diatas dalam kondisi equity method (complete), dalam kondisi
incomplete terutama apabila belum dilakukan penyesuaian unrealized /
realized profit di-pembukuan induk, maka jurnal penyesuaian hanya
diperkiraan investasi saja yang berubah. Penyesuaian realized profit
(awal period) dijurnal :
Dr. R/E Parent …………………….. xxxxxx
Cr. Cost of goods sold ……………..…… xxxxxx
(tahun sebelumnya belum diadjust, stock awal overstated) :
PT. Astra and Subsidiary
Consolidation Working Papers
For the year ended December 31, 2003
PT.
PT.
Astra
Suma
Income Statement :
- Net sales
10.000
3.000
- Dividend income
90
- Cost of goods sold
5.500
2.000
- Other expenses
3.500
700
- Minority Int. Income
Net Income
1.090
300
Retained Earnings :
- R/E – Astra 1/1
1.600
- R/E – Suma 1/1
450
- Add Net Income
1.090
300
- Deduct : Dividends
500
100
R/E Dec 31, 2003
2.190
650
Balance Sheet :
- Cash
300
50
- Acc. Receivable
700
200
- Inventories
900
450
- Other current assets
640
100
- Plant & equipment
8.000
1.200
- Investment in Suma
945
11.485
2.000
Adjustments &
Eliminations
a.
d.
c.
200
90
25 a.
b.
(000)
Minority Consolidated
Interest
F/S
12.800
7.305
200
20
4.200
30
1.265
30
b.
f.
20
450
e.
360
d.
90
g.
c.
e.
360
1.940
1.265
500
2.705
10
350
800
1.325
740
9.200
12.415
100
25
e. 1.305
2
-
Accounts payable
Other liabilities
Capital stock
Retained earnings
800
150 g. 100
495
200
8.000
1.000 f. 1.000
2.190
650
11.485
2.000
Minority Int. Jan 1, 03 (10% * 1.450.000)
Minority Int. Dec 31 03
850
695
8.000
2.705
f.
145
145
165
165
12.415
c. = ∆ R/E subsidiary 1/7 2000 – 31/12 2002 = (450.000 – 50.000) * 90% =
360.000
CONSOLIDATION EXAMPLE – INTERCOMPANY PROFITS
FROM UPSTREAM SALES
PT. Pisa menguasai 80% saham PT. Sasa dengan harga 480.000 pada
tanggal 2 Januari 2002 sewaktu stockholders’ equity Sasa terdiri dari
modal saham 500.000 dan laba ditahan 100.000. Nilai akuisisi = nilai
buku = nilai wajar. PT. Sasa menjual barang dagang secara rutin kepada
Pisa. Transaksi intercompany tahun 2003 adalah sbb :
- Sales to Pisa in 2003 ………………………………… 300.000
- Unrealized profit in Pisa inventory Dec 31 2002 …… 40.000
- Unrealized profit in Pisa inventory Dec 31 2003 ……. 30.000
- Intercompany acct. receivable & payable at Dec 31 … 50.000
pada tanggal 31 Dec 2002, perkiraan “Investasi dalam saham Sasa”
bersaldo 568.000 terdiri dari 600.000 (750.000* 80%) bagian dalam net
asset dikurangi 80% dari 40.000 unrealized profit dalam persediaan Pisa
(upstream sales).
 Equity Method :
3
PT. Pisa and Subsidiary
Consolidation Working Papers
For the year ended December 31, 2003
PT.
Pisa
Income Statement :
- Net sales
- Income from Sasa
- Cost of goods sold
- Other expenses
- Minority Int. Income
Net Income
Retained Earnings :
- R/E – Pisa 1/1
- R/E – Sasa 1/1
- Add Net Income
- Deduct : Dividends
R/E Dec 31, 2003
Balance Sheet :
- Cash
- Acc. Receivable
- Inventories
- Other current assets
- Plant & equipment
- Investment in Sasa
- Accounts payable
- Other liabilities
3.000
88
2.000
PT.
Sasa
(000)
Adjustments &
Eliminations
1.500 a.
- d.
1.000 c.
588
500
400
100
1.000
500
400
1.100
250
100
50
300
200
700
1.100
384
2.000
616
50
100
200
150
500
-
5.000
500
400
1.000
150
50
300
88
30 a.
b.
Minority Consolidated
Interest
F/S
4.200
2.690
300
40
988
22
500
22
e.
250
d.
b.
f.
1.000
500
400
1.100
32
40
f.
c.
50
30
d.
e.
48
600
10
250
750
1.270
534
2.500
5.304
600
450
50
4
- Capital stock
- Retained earnings
3.000
500 e.
1.100
300
5.000
1.000
Minority Int. Jan 1, 03 (20% * 750.000)
b.
Minority Int. Dec 31 03
500
8
3.000
1.100
e.
150
142
154
154
5.304
Minority interest income = (100.000+40.000-30.000) * 20% = 22.000
Selama tahun 2003 jurnal yang dibuat pembukuan Pisa sbb :
1. Dr. Cash ……………………………….. 40.000
Cr. Investment in Sasa ………………………. 40.000
2. Dr. Investment in Sasa …………………. 88.000
Cr. Income from Sasa ………………………… 88.000
(to record income from Sasa for 2003 computed as follows :
- Equity in Sasa’s net income (100.000 * 80%) = 80.000
- Add : 80% of 40.000 unrealized profit 2002
= 32.000
- Less : 80% of 30.000 unrealized profit 2003
= (24.000)
PT. Pisa and Subsidiary
Cost Method
Consolidation Working Papers
For the year ended December 31, 2003
(000)
PT.
PT.
Adjustments &
Minority Consolidated
Pisa
Sasa
Eliminations
Interest
F/S
Income Statement :
- Net sales
3.000
1.500 a. 300
4.200
- Dividend Income
40
- d.
40
- Cost of goods sold
2.000
1.000 c.
30 a. 300
2.690
b.
40
- Other expenses
588
400
988
- Minority Int. Income
22
22
Net Income
452
100
500
Retained Earnings :
- R/E – Pisa 1/1
912
- b.
32 e. 120
1.000
- R/E – Sasa 1/1
250 e. 250
- Add Net Income
452
100
500
- Deduct : Dividends
400
50
d.
40
10
400
R/E Dec 31, 2003
964
300
1.100
Balance Sheet :
- Cash
200
50
250
- Acc. Receivable
700
100
g.
50
750
5
-
Inventories
Other current assets
Plant & equipment
Investment in Sasa
1.100
200
384
150
2.000
500
480
- e.
4.864
1.000
- Accounts payable
500
150 g.
- Other liabilities
400
50
- Capital stock
3.000
500 f.
- Retained earnings
964
300
4.864
1.000
Minority Int. Jan 1, 03 (20% * 750.000)
b.
Minority Int. Dec 31 03
c.
30
120 f.
600
1.270
534
2.500
5.304
600
450
3.000
1.100
50
500
8
f.
150
142
154
154
5.304
Minority interest income = (100.000+40.000-30.000) * 20% = 22.000
e. = ∆ R/E saat akuisisi – R/E awal periode tahun berjalan = 250.000 –
100.000* 80% = 120.000
Kertas kerja diatas dibuat dengan metode tradisional, apabila digunakan
metode conversion to equity method, maka jurnal penyesuaiannya
adalah sbb :
Dr. Dividend income …………………….. 40.000
Dr. Investment in Sasa …………………… 136.000
Cr. Income from Sasa ……………………………
Cr. Retained earnings – Pisa …………………….
88.000
88.000
Dengan penghitungan sbb :
Pisa R/E
31/12/03
Investment
in Sasa
- Prior years’ effect :
- 80% of increase in Sasa
undistributed earnings from
Jan 2, 2002 to Dec 31, 2002
(250.000 – 100.000) * 80%
120.000
120.000
- 80% unrealized profit in Pisa
Dec 31, 2002 inventory (40.000
* 80%)
(32.000)
(32.000)
Income
from Sasa
Dividend
Income
- Current years’ effect :
- Reclassify dividend income as
investment decrease (50.000
6
dividends * 80%)
- Equity in Sasa 2003 income
(100.000 * 80%)
- 80% of unrealized profit in
Pisa Dec 31, 2002 inventory
(40.000 * 80%)
- 80% of unrealized profit in
Pisa Dec 31, 2003 inventory
(30.000 *80%)
2003 working paper adjustments
to convert from cost to equity
(40.000)
88.000
(40.000)
80.000
80.000
32.000
32.000
(24.000)
(24.000)
136.000
88.000
(40.000)
7