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Minority Interest Calcuation

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edited Jun 1, 2020 12:59PM in Financial Consolidation and Close 1 comment

Summary

Minority interset calculation with cross holding issue

Content

Hello FCCS Community,

i have the following case
Group A owns 90 % of Group.B
Group.A owns 51% of Group.C
and Group.C owns 51% of Group.D, that's means Group.A owns 26% of Group.D indirect.

Consolidation method is Full Consolidation for all .
when minority interest calculated for Group.C holding it was as the following
MI% Group.D * Common Stock + MI% Group.D* Retained Earnings and the result was correct

When consolidate on Group.A holding
i expected to have the same Calculation for all Group.A sub as the Following:

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