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Formulas

The document outlines various financial calculations related to present value (PV) of cash flows, including face amounts, interest collections, and impairment testing. It also details the initial measurement and carrying amounts of long-term receivables, factoring gains or losses, and relevant costs for manufacturing versus purchasing. Additionally, it discusses allocation methods for transaction prices and warranty costs.

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lawl
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0% found this document useful (0 votes)
7 views18 pages

Formulas

The document outlines various financial calculations related to present value (PV) of cash flows, including face amounts, interest collections, and impairment testing. It also details the initial measurement and carrying amounts of long-term receivables, factoring gains or losses, and relevant costs for manufacturing versus purchasing. Additionally, it discusses allocation methods for transaction prices and warranty costs.

Uploaded by

lawl
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

PV of face amount

PV of interest collections (Periodic interest x PV of an annuity of 1)


PV at initial recognition

Outstanding face amount


Add: Unamortized Premium or

Less: Unamortized Discount


Amortized cost

Principal amount
Add: Origination fees received
Less: Direct origination cost
Initial measurement

Carrying amount of long-term receivable


Future cash inflows
Times: PV factor using original effective interest rate
Less: Present value of expected future cash flows at date of impairment testing
Impairment loss

Outstanding principal amount at date of impairment testing


Add: Unpaid interest (only if recognized by the entity)
Carrying amount

Outstanding principal amount at date of impairment testing


Add: Unamortized premium or
Less: Unamortized Discount
PV value at date of impairment testing
Add: Unpaid interest (only if recognized by the entity)
Carrying amount

Outstanding face value


Less: Allowance for loan impairment
Net Carrying amount

AR - assigned, end
Less: Related liability balance
Equity in assigned accounts

Gross AR
Less: Factoring fees and charges
Net selling price
Gross AR
Less: Allowance for doubtful accounts
Less: Carrying amount of AR
Gain or loss on factoring

Net selling price


Less: Allowance for doubtful accounts
Cash received from factoring

Proceeds
Less: Carrying amount of AR
Gain or loss on discounting
PV of face amount
PV of interest collections (Periodic interest x PV of an annuity of 1)
PV at initial recognition

Outstanding face amount


Add: Unamortized Premium or

Less: Unamortized Discount


Amortized cost

Principal amount
Add: Origination fees received
Less: Direct origination cost
Initial measurement

Carrying amount of long-term receivable


Future cash inflows
Times: PV factor using original effective interest rate
Less: Present value of expected future cash flows at date of impairment testing
Impairment loss

Outstanding principal amount at date of impairment testing


Add: Unpaid interest (only if recognized by the entity)
Carrying amount

Outstanding principal amount at date of impairment testing


Add: Unamortized premium or
Less: Unamortized Discount
PV value at date of impairment testing
Add: Unpaid interest (only if recognized by the entity)
Carrying amount

Outstanding face value


Less: Allowance for loan impairment
Net Carrying amount

AR - assigned, end
Less: Related liability balance
Equity in assigned accounts

Gross AR
Less: Factoring fees and charges
Net selling price
Gross AR
Less: Allowance for doubtful accounts
Less: Carrying amount of AR
Gain or loss on factoring

Net selling price


Less: Allowance for doubtful accounts
Cash received from factoring

Proceeds
Less: Carrying amount of AR
Gain or loss on discounting
xxx Downpayment xxx
xxx Less: Present value of cash inflows
xxx Face value x PV of 1 xx

Periodic interest x PV of ordinary


xx (xxx)
annuity
Sales price xxx
xxx
xxx Downpayment xxx
Less: Present value of cash inflows (Periodic
(xxx) (xxx)
payment x PV or ordinary annuity)
xxx Sales price xxx

xxx Principal xxx


xxx Add: Direct origination costs xxx
(xxx) Less: Origination fee (xxx)
xxx Initial carrying amount xxx

Incremental sales Pxx


xxx Incremental costs
xxx VC Pxx
xxx Incremental fixed costs xx
(xxx) Opportunity costs xx (xx)
xxx Incremental profit/loss Pxx

Sales Pxx
VC (xx)
CM xx
Direct Fixed Costs (xx)
xxx Segment margin xx
xxx Indirect or Allocated Fixed Cost (xx)
xxx Operating income Pxx

Cost of replacement product Pxx


Less: NRV of defective product, if any (xx)
xxx "Loss" to be absorbed by the entity Pxx
xxx Add: Handling costs shouldered by the entity xx
Total warranty cost per unit of replacement
(xxx) Pxx
product
xxx
xxx
xxx

xxx
(xxx)
xxx

xxx
(xxx)
xxx

xxx
(xxx)
xxx
xxx
(xxx)
(xxx)
xxx

xxx
(xxx)
xxx

xxx
(xxx)
xxx
Relevant costs to make Relevant costs to buy

Variable manufacturing cost Purchase price

Variable handling cost Variable handling cost


Avoidable fixed FOH Freight costs
Avoidable non-manufacturing costs

Opportunity cost
Allocation to sold goods = Transaction price x

Allocation to warranty = Transaction price x


Stand-alone selling price of goods sold
Total of stand-alone selling prices of goods sold and warranty

Stand-alone selling price of warranty

Total of stand-alone selling prices of goods sold and warranty


PV of cash inflows xx
Less: PV of cash outflows (xx)
NPV Pxx

PV of cash inflows xx
Less: PV of cost of investment (xx)
NPV Pxx

PV of cash inflows xx
Less: Cost of investment (xx)
NPV Pxx
Relevant costs to make Relevant costs to buy

Variable manufacturing cost Purchase price


Variable handling cost Variable handling cost
Avoidable fixed FOH Freight costs
Avoidable non-manufacturing costs
Opportunity cost
Allocation to sold goods = Transaction price x

Allocation to warranty = Transaction price x


Stand-alone selling price of goods sold
Total of stand-alone selling prices of goods sold and warranty

Stand-alone selling price of warranty


Total of stand-alone selling prices of goods sold and warranty

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