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associate

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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February 20, 2017 at 8:01 am #373277
xiiaolih
Member
- Topics: 65
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To be continued
so that means when we do consolidated income statement
investment income ( parent ltd+ subsidiary ltd – intergroup dividend received from associate and subsidiary) ?
am I correct?
February 20, 2017 at 8:21 am #373282
MikeLittle
Keymaster
- Topics: 27
- Replies: 23327
Yes, but there’s one more important line that you have not included within this post
Immediately BEFORE the sub-total “profit before taxation” there is the line:
“Group’s share of Associate’s profit AFTER taxation”
OK?
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