Reference no: EM13340947

1. Demonstrate, with examples from your copy of Financial Reports (take a snapshot of it), how the parent of Harvey Norman control its Subsidiaries. Do this by providing a copy of the note on the list of subsidiaries (on page 129 -139) in the body of your report (since the list is long, just provide a short section of it with the first few and last few subsidiaries and any with unusual percentage holdings) and comment on any Subsidiaries that are less than 100% owned by the Parent. In particular look at subsidiaries where less than 50% of the shares are held.

2. Compare the Issued Capital in the Balance Sheet or Statement of Changes in Equity of Harvey Norman with that of the Parent in the note on Parent Entity Disclosures by providing examples and discussing the similarities. Make sure you highlight the relevant numbers in each section and use arrows, or something similar, so the reader knows what are you trying to highlight. Consider why we would expect these amounts to be similar.

3. Refer to Harvey Norman's note on intangibles or goodwill and demonstrate and explain whether there is evidence of the group purchasing or disposing of subsidiaries in the past two reporting periods. If possible show an acquisition analysis from the notes to the accounts . These are often under a note about acquisition of controlled entities.