CIMA F2 Group Statement of Profit or Loss and Other Comprehensive Income – Example

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1. emmap1988 says

   January 8, 2018 at 4:44 pm

   In the previous chapter it says intra-company dividends should be completed removed. In this example the P&L shows investment income 10 million for Pip and the notes say Posy paid a 10 million dividend. Therefore should it not be removed entirely? Making the group investment income figure nil?

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   • junqueirapaulo says

     January 25, 2018 at 10:23 pm

     I believe what should be removed from the CSPL is the dividends paid from S to P as it is an intra-company dividend. In this example would be the 8m remaing from (W3).

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   • P2-D2 says

     January 1, 2019 at 10:46 am

     Hi,

     If Posy paid a dividend of 10 million then Posy would have recorded its share of it at 80%, which is the 8 million that is then eliminated.

     Thanks

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2. msamson says

   January 30, 2017 at 10:31 pm

   Useful lectures

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3. sunday says

   August 17, 2016 at 8:05 pm

   thanks

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