[rasul.rasulzade]

Hello.

I have faced below case need help if possible:

Company has 51% interest in a subsidiary and fully consolidates this entity recognizing NCI at the same time. For the year ended 30.06.2023 Company decided to sell 25% interest in subsidiary. However, since the transaction did not take place it should be classified as asset held for sale. In my opinion, investment in subsidiary should be recognized as investment in associate and consolidated with equity method. Or vice versa? There are some different answers above.

Could you please provide treatment for the mentioned transaction?

Thanks in advance

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