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what if subsidiary gives loan to parent company ?

This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.

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December 10, 2022 at 4:18 pm #674186
syntaxerror
Participant
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how would the consolidated SOPL look like?
Do we just eliminate OUR share of interest received?
will the SOFP remain unchanged cuz its all a matter of cosmetics anyway?
thanks
December 30, 2022 at 8:51 am #675203
P2-D2
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- Topics: 4
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Hi,
No we eliminate the intra group loan on the SFP (asset and liability) as well as on the SPL (finance cost/investment income).
Thanks.
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