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HI IN EXAMPLE TWO IN PART A WHY WAS THE ATTRIBUTABLE TO NON CONTROLLING INTREST (40%×8000) ONLY INSTEAD OF {40%×(17000-8000)}whereby 17000 is the subsidiary company’s current retained earnings less 8000 which is preacquisition profit to get 9000 which is post acquisition profit times 40 %
The Consolidated SOPL only show the profit for the current year. We then show how much of that current years profit is attributable to the NCI and how much belongs to the parent company.
Separately, if asked also for the movement in retained earnings, in that statement we show the whole of the post-acquisition retained earnings of the group belonging to the parent company because that is what appears as retained earnings in the consolidated SOFP. (The NCI does not appear here because it appears as a separate item in the consolidated SOFP).
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