svgleeson

It’s purchase price - book value not fair value.
Q44 2011 AM Mock has a problem with Goodwill for the an Investment in Associates. It takes the Excess paid over Book Value less the amount attributable to tangible assets (which is the the % owned * (fair value - BV of tangible assets). That gets your your goodwill. When calculating the value of your investment going forward, you then amortize that amount attributable to tangible assets.
pepp wrote:
US gaap.
Equity method:  goodwill = purchase price - fair value - premium allocated to identifable assets
Consolidation: goodwill = purchase price - fair value
IFRS:
Consolidation: a) full goodwill: same as US gaap consolidaiton
b) partial goodwill: purchase price (only for % acquired)  - fair value (% of  investment)