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Dear Mike,
When calculating consolidated equity section, why did we leave out 2,200 of the subsidiarys other equity reserves from calculation?
Off the top of my head, I don’t know without seeing the question again.
But maybe it was because the 2,200 was already there at the date of acquisition in which case it would have been included within the goodwill calculation – reserves as at date of acquisition.
Does that answer it?
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