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Chapter 15

2.6 Calculation of gain or loss on partial disposal

Proceeds on disposal x
FV OF RESIDUAL INTEREST x
less

Carrying value of subsidiary at disposal
Sub’s NET ASSETS at disposal x
Sub’s GOODWILL at disposal x
less

NCI at disposal (x)
––––
(x)
––––

Groups gain or loss on disposal X
––––

The gain or loss is shown as an exceptional item on the CSOPL.

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