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gain/loss on acquisition of NCI stake

Former userFormer user5y ago

[Content removed at user request]

stephenwidbergstephenwidbergTutor5y ago#1
We say it is because IFRS 3 insists that we say it. I don't like it any more than you. :) Logic is that we should only recognise a profit or loss if there is a loss of control. Your second statement is correct - but don't start banging on about reserves in the exam!
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