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Consolidation

PPri195y ago
Hello sir If we have not been given the %to calculate NCI how do we find it?
John MoffatJohn MoffatTutor5y ago#1
Either on the SOFP of the parent company or in the notes with the question you will be told how many shares the parent company owns in the subsidiary. On the SOFP of the subsidiary it will state how many shares are in total. Dividing one by the other will tell you what % is owned by the parent (and therefore you can work out what % is owned by the NCI).
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