Dear Sir,
While calculating ratios such as Profit margin (net profit/sales*100) do we only include profits attributable to owners?
Also for ROCE... The capital employed section which I derive by equity+long term liabilities... we don't include NCI right?
Ratios done on consolidated financial statements.
Regards
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Financial analysis
10y ago#1What other profits are there? You asking whether, in a consolidation situation, we exclude from the calculation the nci share of profits and the nci's element of capital employed
No, include ALL trading profits and include ALL capital employed
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