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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Control To Control Step Acq
Hi Mike,
i am struggling with how to post this issue in a cashflow statement..
Control to control – 80% to 90% with cash consideration of £11m…. Now i have included this as an outflow under investing activities….
Its the next part which i struggle with…”At the date of the share purchase, the non-controlling interest in Beige had a carrying amount of $13 million. Adjustments to equity attributable to the group have been recorded in ‘other components of equity’”
I am unsure as to what i am required to do? If you could point me in the right direction what would be a great help…
Is it not just an outflow of $11 million in investing activities?