Minority Interest Calcuation
SummaryMinority interset calculation with cross holding issue
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: