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

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August 19, 2017 at 5:03 pm #402497
saqlainrattansi
Member
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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
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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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