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Financial Reporting Sept Dec Sample question no 31

This topic has 1 reply, 2 voices, and was last updated 5 years ago by f6ali.

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March 2, 2020 at 11:35 am #563709
malavika146
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In Financial Reporting Sept Dec 2018 Sample Question No 31, the NCI is included in Capital Employed while calculating Return on Cap Employed and the Equity in Gearing calculation. Can someone please explain the rationale of including NCI under Capital Employed?
March 5, 2020 at 11:53 am #564364
f6ali
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Thats because the total capital employed in Duke Group is partly financed by Non-controlling shareholders as well.
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