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Chapter 12

Consolidated statement of profit or

loss and other comprehensive income

4.1 Consolidated statement of profit or loss and OCI pro forma

Consolidated statement of P/L and other comprehensive income for period

ended …… 20XY

Revenue (100% of P & S) x
Cost of sale (100% of P & S) x
––––
Gross Profit x .
––––

Distribution costs (100% of P & S) (x)
Admin expenses (100% of P & S) (x)
––––
Operating profit x
––––
Finance Costs (100% of P & S) (x)
Adding 100% of income and

–––– expenses of Sub represents

Profit before tax x CONTROL in S.
––––

Tax (100% of P & S) (x)
––––
Group profit after tax x
––––
Other comprehensive income x
––––

Total comprehensive income TCI
––––
Amounts attributable to ordinary
shareholders x β
Split of group TCI between
NCI share of total comp income x shareholders represents
(NCI % of S’s total comp income) –––– OWNERSHIP in S
TCI
––––

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