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2012 DEC Q1 NCI

This topic has 3 replies, 2 voices, and was last updated 6 years ago by MikeLittle.

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February 13, 2016 at 8:31 am #300233
yushanshan
- Topics: 84
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Hi sir,
Unrealised profit in inventory 300 000 has not been deducted from profit for year attributable to non-controlling interest in 2012DEC Q1 , I just wonder the reason by contrast with 2011 JUNE Q1, which really did this.
February 13, 2016 at 9:18 am #300259
MikeLittle
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Because in December 2012 the unrealised profit is adjusted in Viagem’s records because it was Viagem that has recognised the profit

In June 2011 it was the subsidiary Sentinel that has recognised the profit when selling to Prodigal

OK?
February 13, 2016 at 9:20 am #300260
yushanshan
- Topics: 84
- Replies: 70
Thanks
February 13, 2016 at 9:22 am #300263
MikeLittle
Keymaster
- Topics: 26
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You’re welcome
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