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Sir in this part b it is also asked that what will be the effect if loan is not intented to be repaid and the answer says the it will be part of net investment in subsidiary. Does this mean in individual FS of the parent it will be included in investment in subsidiary amount?
Hi,
It is referring to the group accounts. In the group accounts the net investment gains/losses will go to OCI as the gains/losses on translation of the overseas subsidiary are recorded in OCI too, hence the hedging matches up the gains/losses in the same place within the financial statements.
Thanks
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