Page 250 - FR Integrated Workbook 2018-19

Chapter 18

1.2 Calculation of non-controlling interest
Subsidiary’s profit after tax 1 X

PUP (where S is seller) (X)
Fair value depreciation (X)

Impairment (fair value method only) (X)
——

Adjusted subsidiary profit X
——

× NCI% = profit attributable to NCI X
——

1
Note Where acquisition takes place part-way through the current year, the
subsidiary’s profit after tax will represent the post-acquisition element.

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