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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Consolidation Question June 2011 – Prodigal and Sentinel
You are required to give an extract of the equity section of the Consolidated Balance Sheet in part (b). I have difficulty to understand why other equity reserves and the revaluation gains of the subsidiary have to be 75% transferred to group and 25% to non controlling interest.
Because the nci is entitled to their share of the post-acquisition “improvements” in the subsidiary’s reserves?
