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Group statement of cash flows

3.3 Non-controlling interests

When a subsidiary that is not wholly owned pays a dividend, some of that dividend is
paid outside of the group to the non-controlling interest.

Parent

80% of
80% dividend is
intra-group

Subsidiary

20% of dividend
leaves the group

The dividend paid to the non-controlling interest must be calculated and disclosed in
the consolidated statement of cash flows (normally as a financing activity).

Illustrations and further practice

Now try Illustration 2 from Chapter 24.

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