[tomasm]

That’s very helpful tutor. So if they weren’t showing it seperately then I should have added it with non current assets?

Also the interest of 12500(1m*0.5*3/12) wouldn’t that be part of current assets and liabilities as interest to be paid by subsidiary to parent.
In that case won’t that need elimination ?

[tomasm]

So can i Say that if its proposed regardless of before or after year end – it wont be recognised in FS

If its declared before year end Cr.Payable ?

[tomasm]

I am not sure may be I misheard – But is proposed dividend and declared dividend same ?

[tomasm]

Thank you. That makes sense

[tomasm]

Makes sense. So since it’s 50% that is why essentially impact remains same correct
If Winberry had only 45 % in LPS it will affect the net assets value under consolidation and equity accounting

[tomasm]

But in A if both are adverse – the total can only be adverse isn’t it
It can never give a favorable answer ?

[tomasm]

Thank you Sir

Also the question before that Great southerners
TASK 1: H3 – why is it only 60000 from disposal ? Why are we not adding the sales of (50000*12)

[Author]

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