Why OCE instead of Retained earnings

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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June 7, 2021 at 7:27 pm #623745
alexf
Member
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Good evening dear Stephen.
I have question about SBR.
When we have control over subsidiary (e.g. 60%) and additionally purchase some share in subsidiary (e.g 10%), difference between consideration and stake that NCI lose goes to the OCE. Why it is not going straight to the Retained earnings?
June 8, 2021 at 5:25 am #623808
Stephen Widberg
Keymaster
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I have seen both in questions. So either is fine. The key point to stress is that it must not go to P&L or OCI.
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