[MohammadShahidx001]

Inveresk Ltd has equity shareholdings in three other companies.
Inveresk Ltd Notes
Raby Ltd – 40% – No other holdings larger than 10%

Seal Ltd – 25% – Another company holds 75% of Seal Ltd’s equity and dominates the
board of directors

Toft Ltd – 30% – This investment has been classified as held for sale under IFRS 5 Noncurrent assets held for sale and discontinued operations

Which one will be treated as Investment in Associates of Inveresk as per IAS 28?

It will be very helpful if you explain this one too.

Thanks

[Author]

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