Changes in ownership: summary
Consolidated SCE
ordinary share change in Revaluation retained earnings NCI
capital ownership surplus
balance @ begining % share of Parent OB
associate + RE since (sub %)
revaluation + GOBP (at initial
acquisition of sub)
-GW impairment
total comprehensive
income for the year :
profit Only profit after tax +
from SCI attributable (NCI portion of
to parent profit for the year)
-GW impairment
OCI % share of
associate
revaluation
rights issue Opposite sign Amount of rights
of what issue (R) taken up
happens to by NCI
NCI in the AOE -/+ change in
ownership amount
Purchase additional NCI increases with
shares the amount on the
(associate -> acquisition date of
subsidiary ) the additional
shares purchased
Purchase additional +/- ()
interest (sub-> sub) (if investment this decreases
amount less because I am
than the buying the shares
amount you from NCI
purchased
then = +)
Sale of partial interest () +
(sub % decreases (NCI increase – (NCI is now getting
at bigger)
decrease(AOE)
– profit on
sale
= amount of
change in
ownership
dividends () ()
Of parent NCI portion
Balance @ ye
, Consolidated SCI
Revenue (parent + sub – intragroup sales amount - portion was associate
COS (parent + sub – intragroup sales amount
+ CB UR profit
-portion was associate
GP
Other expenses (parent + sub
+ dep on revaluation
+ goodwill impairment CY
Other income
Interest received (parent + sub
- Intragroup loan
Interest paid (parent + sub
- Intragroup loan
Remeasurement loss (A-> S)
Share of profit of associate
Gain on bargain purchase
Dividends received (parent + sub
- Dividends received from sub (only parents portion)
Profit before tax
Income tax (parent + sub
- intragroup sale UR profit tax
- Tax on depreciation of revaluation
Profit after tax
OCI
Items that cannot be reclassified to
OCI
➔ Revaluation of land associate
➔ Fair value adjustment (parents FV – (parents – group)
Total comprehensive income
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