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Hi Mike,
How it will look the W3 part for this example? It should be the same amonut in W3, as the amount at the profit at CSoCI, right?
Thank you.
No – it would be possible to arrive at the working W3 figure but you would need to adjust for:
the parent’s brought forward retained earnings
the unrecorded dividend received from the subsidiary
the unrecorded payment of the parent’s dividend and
the amount attributable to the nci
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