what if subsidiary gives loan to parent company ?

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December 10, 2022 at 4:18 pm #674186
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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
Keymaster
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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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