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salx

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Active 9 years ago
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  • August 30, 2016 at 10:16 pm #336408
    mysterysalx
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    Hi mike,
    When there’s an intra group loan, (parent lends to sub) p shows investment income in its FS and s shows finance cost in its FS. BUT IN CONSOLIDATED FS please could you tell me what the treatmeant is for EACH AND EVERY item affected by this loan in CSoPL and CSoFP. In case of highveldt relevant info: high owns 75% of sam. Thus nci 25%. High lends $60m 10% loan to sam. Thus interest (investment income and finance cost) is $6m.
    Thanks.

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