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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Profit/Loss on Disposal of Subsidiary
Hi
Can you please tell me whether the profit or loss on the disposal of a subsidiary comes before PBIT on the consolidated P/L? Therefore, is it deducted from PBIT and would it impact ratios such as NPM, ROCE..?.
Thanks
Hi,
The figure would appear as part of the discontinued operations figure and so in a separate line item within the group profit or loss account. It would therefore not impact the ratios that you mention above.
Thanks