For consolidationg questions, if for example it is stated that the impairment in associate is $300 000. Out of which, 100 000 relates to the current year.
For SOPL : To calculate the Share of profit from investment in Associate . – We only account for the current year impairment of $100 000 right ?
For SOFP: To calculate investment in associate. – We account for the entire impairment of $300 000 right?
For group retained earnings: – We account for the entire impairment in associate of $300 000 right ?