CONSOLIDATION

Teo Co acquired 95% of the ordinary share capital of Mat Co 31 December 20X0. The following
information relates to Mat Co:
20X0 20X1
$’000 $’000
Retained earnings 700 800
Revaluation surplus – 100
total 700 900

The fair value of the non-controlling interest in Mat Co at the date of acquisition was $45,000.
What is the amount reported for non-controlling interest in the statement of financial position of the Teo Group as at 31 December 20X1?

In the solution they have apportioned 100 revaluation surplus to the NCI do we normally distribute revaluation surplus to NCI? since in all other sums we just distribute the retained earning to NCI not revaluation surplus