[chukstan]

@mikelittle said:
If the acquisition was earlier than last year, then yes

For example, we’re consolidating to 31 December 2015 and we acquired in 2009

The retained earnings brought forward as at 1 January 2015 will be calculated by deducting the pre-acquisition retained earnings from the overall subsidiary retained earnings brought forward

Ok?</blockquoteHello Mike,

I will want you to explain this better. Why are we deducting per_acquisition retain earning after 7yrs of acquisition according to your e

[chukstan]

Hello Mike,

I will want you to explain this better. Why are we deducting per_acquisition retain earning after 7yrs of acquisition according to your example.

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