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Statement of cash flows -consolidation

HHira4y ago
Hi sir, your lectures are of invaluable help. Ty:) In the example of Topic 7 (2nd last lecture). Why did you deduct the dividend paid to the parent? Aren't intra-group balances supposed to be ignored as mentioned in the first lecture of this topic
stephenwidbergstephenwidbergTutor4y ago#1
Do you know how many minutes this in to the lecture please?
HHira4y ago#2
12:44 onwards
stephenwidbergstephenwidbergTutor4y ago#3
I see your point. We should be saying DIVIDEND PAID BY PARENT TO ITS SHAREHOLDERS. We will correct this when re-record. Thank you for spotting this.
HHira4y ago#4
Np n ty for the clarification;)
stephenwidbergstephenwidbergTutor4y ago#5
:)
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