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Carrying value of investment in associates

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

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June 5, 2023 at 7:52 am #686028
tariqzeeshan321
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I have a question about the working of carrying value in associates. Will be deduct dividend (as a percentage of acquisition in Associate) in carrying value calculation?
June 8, 2023 at 11:50 am #686490
P2-D2
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- Topics: 4
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Yes, the share of dividend paid out by the associate is deducted from the investment in associate figure because it is a distribution from the associate’s profits.
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