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Group SPLOCI, Pg 18 eg 4

This topic has 1 reply, 2 voices, and was last updated 1 week ago by Stephen Widberg.

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February 12, 2025 at 6:43 am #715346
kiki16
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Hello, why do we take 100% of subsidiary revaluation gain and not 80%. Also why dont we deduct the impairment from Associate’s profit in eg 4 GROUP SPLOCI pg 18? Thanks
February 12, 2025 at 6:35 pm #715354
Stephen Widberg
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1. You add P plus S for OCI. The NCI proportion of the rev’n gain is then shown separately (in the split of TCI).
2. Any goodwill and therefore any impairment would relate to the subsidiary. The associate would be recognised using equity accounting.
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