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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Calculation NCI share in SOCI
I am confused on how to calculate profit and total comprehensive income attributable to NCI in Statement of Comprehensive Income.
As usual, NCI share = post-acquisition profit on sub’s books x % share owned by NCI
But what happens if we have to make some adjustments such as:
– Intra-group interest expense
– Unrealized profit due to intra-group sale of non-current asset
– Additional depreciation due to fair value adjustments on acquisition of sub
Do they affect the calculation of NCI share on SOCI ? When do we have to include them and when we have to exclude them in the NCI share calculation ?
Hi,
If you lay out your presentation of the group SPLOCI correctly, so by presenting it in a columnar format as per the videos, then everything should be taken care of when you total up S’s column and take the NCI share of profits and TCI.
Thanks