Page 480 - F2 Integrated Workbook STUDENT 2019
P. 480
Chapter 19
Example 16.2
Dividend received from associate = $2,375k
Investment in associate
B/f 1,000 Dividends received β 2,375
Share of associates profits 3,750
Share of OCI 125 C/f 2,500
––––– –––––
4,875 4,875
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Alternative working (no T account)
$000
Opening investment in associate 1,000
Share of profit 3,750
Share of OCI 125
Dividend received β (2,375)
–––––
Closing investment in associate 2,500
–––––
The dividends received from associates will be held under 'cash flows from
investing activities' within the statement of cash flows.
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