Subsidiary’s investment in Parent’s Associate consolidation

Hello everyone,

I’m having a small difficulty in consolidation procedure. IFRS 10 states that:

“offset (eliminate) the carrying amount of the parent’s investment in each subsidiary and the parent’s portion of equity of each subsidiary”

However I’m not sure if I should:

1. Eliminate the investment of one subsidiary in another subsidiary of a parent
2. Eliminate the investment of one subsidiary in a parent’s associate company?

Could someone please help me on this?

Thanks in advance