- This topic has 1 reply, 2 voices, and was last updated 11 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
in this qs why hasnt the share of ass profit been taken as inflow under investing activities?
Because a share of profits is NOT a cash flow? Any dividend from the associate would be a cash flow.
So we need to deduct from pbt the share of associate’s profit in operating activities as a non-cash item and then show the dividend (if there is one) as an inflow in investing activities
OK?
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.