Dear sir,
Can you please refer example 2 Kallis group under chapter 6, complex group structure (page no 27), as per the case - direct control in Adams is 30% & indirect control 18 % (60% * 30%) equal to 48%. So, why all the assets & liabilities of Adams are added to Kallis group when it has only 48% control. Please explain.
Thank you
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OT P2 Dec Notes
9y ago#1Hi,
Have you watched the associated video? If you do then you will find the answer in detail. You're not adding 30% and 18%. You're adding 30% and 30%.
If you're still stuck after watching the video then please just let me know.
Thanks
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