Currency Translation Difference (CTD)

Hi,

When a Foreign Sub’s FS are translated to Parent’s reporting currency, there arises a CTD.

Is this CTD part of Total Equity of the Foreign Sub?

Now when consolidating, do we allocate the CTD to NCI as part of Equity in calculating the GW?

If the answer is yes, then I believe the Parent’s share is allocated to the Post Acquisition Reserves and the CTD is fully eliminated (same as the Sub’s share capital & R/E).

Thanks,
Zafraz