Page 303 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx

Changes in group structure

2.5 Partial disposals in group accounts

Partial

disposals

Non-control to CSOPLOCI
CSOFP
control

 No subsidiary at year end Up to disposal
 No consolidation of sub  Consolidate up to disposal
 Treat as per position at  Calculate NCI share of
reporting date: profit up to disposal.
 Associate (40%) = On disposal

equity account  Calculate group gain or
 Investment (10%) = loss on disposal (see

financial asset section 2.6).
After disposal
 Associate – share of
associates profit after
disposal
 Investment – dividends
received.

295