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Complex group structures

Sub-sub’s goodwill calculation

Cost of investment x

IHA (x) Take to NCI working
(S NCI% × cost of investment)
NCI at acquisition x
less

FV of Sub-sub’s net assets at
acquisition (x)

––––
GW at acquisition x
––––

S’s NCI working

NCI at acquisition x
NCI % × S post acquisition reserves x
IHA (x)

––––

NCI at reporting date x
––––

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