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Thank you for your previous replies.
Could you please be so kind to explain , how should we treat Investment item in both, CSFP and CSPL? In some of my problems it is ignored, in others they add Parent and Subsidiary (prorated mid year), and what i understand from text is far different , that is we should subtract from Parent amount %of ownership in S.
I am totally confused.The same about Dividends.I read in my text book: other than subsidiary and associates are shown, but can not understand it, and in subsequent problems I don’t see the adherence to this rule.
These two items course so much headach, could you please illustrate using examples how we should treat them
Hi,
Similarly to the investment in the group SFP, we can only show dividend income in the group SPL that has been received from entities from outside of the group.
The dividend figure in the group accounts therefore ignores any dividend income received from the subsidiary and the associate.
If you look at each question in isolation and let me know where it is you are struggling then I can me more specific in my help/advice.
Thanks
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