Subsidiaries acquired to resell

This topic has 1 reply, 2 voices, and was last updated 6 years ago by Stephen Widberg.

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November 14, 2019 at 1:55 pm #552642
alikhakar
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When a subsidiary is solely acquired for the purpose of resell it is valued at FV less cost to sell (IFRS5)
Do we charge this ‘cost to sell’ in group SOPL? Including it in “discontinued operation” Or separately?

Thanks for your time
November 15, 2019 at 3:31 pm #552723
Stephen Widberg
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Sub’s results and expected loss – all in discontinued operations.
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