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SCF- Why do we deduct the dividend paid to the parent?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › SCF- Why do we deduct the dividend paid to the parent?

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by P2-D2.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • August 19, 2017 at 5:03 pm #402497
    saqlainrattansi
    Member
    • Topics: 93
    • Replies: 97
    • ☆☆

    I watched your SCF lecture and saw that you deducted divdend paid to NCI and Parent.

    Why do we deduct dividend paid to the parent?

    The parent is within the group so there is no cash moving outside the group right?

    Please clarify. Thanks

    August 20, 2017 at 5:32 pm #402678
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7217
    • ☆☆☆☆☆

    Hi,

    It isn’t helping dividend paid to the parent, it is the dividend paid by the parent to its shareholders.

    Thanks

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