Hi Sir,
Can you explain how to get 7.2 for NCI?
my calculation is (112*6/12)*20% = 11.2
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Example 2 consolidation P&L - chapter 24
Hi,
The goodwill is measured using the fair value method, so we need to deduct the impairment from the pro-rated profits to calculate the NCI's share. So it would be as follows:
[(112 x 6/12) - 20] x 20% = 7.2
Thanks
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