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@adil1111 said:
Bronte was not an associate and was measured at cost, however as per IFRS9 it should be valued at FV at the reporting date. Any one has any disagreement please discuss?
I think there’s a risk that Bronte moved from an investment to an associate through the increased shareholding and it may not have been adjusted and then equity accounted for.
I supported my claim by the fact that the parent appointed one of their directors to Bronte’s board.
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