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Chapter 20

Intra-group interest receivable and payable

Ensure that only intra-group interest receivable and payable is cancelled – the parent
and subsidiary may have interest receivable and/or payable from external sources
which should be included in the consolidated SP&L.

Dividend received by the parent from the subsidiary

If the subsidiary paid a dividend during the year, ensure that only the parent’s share
of the total dividend paid by the subsidiary is cancelled from the consolidated SP&L.

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