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
Ask the Tutor ACCA FR
what if subsidiary gives loan to parent company ?
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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