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Complex hierarchy - Entity owned as an associate by 2 entities is a subsidiary for the group — Cloud Customer Connect
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Complex hierarchy - Entity owned as an associate by 2 entities is a subsidiary for the group

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edited Aug 2, 2018 9:02AM in Financial Consolidation and Close 3 comments

Summary

complex hierarchy with shared entities does not seem to be working fine

Content

I have below entity hierarchy, with BaseEntity1 shared in 2 sub-consols, and considered as an associate.

 

GROUP

        Holding (100% - Holding)

        Sub-Group1 (100% - Holding)

               -> Holding1 (100% - Holding)

               -> BaseEntity1 (30% - Associate)

       Sub-Group2 (100% - Holding)

               -> Holding2 (100% - Holding)

               -> BaseEntity1 (40% - Associate)

 

The consol works fine for Sub-Group 1 and Sub-Group2:

FCCS_Investment In Equity Companies Income and FCCS_Equity Company Income are calculated. (Although I don't understand why there's a FCCS_Goodwill Offset and FCCS_Investment In Equity Companies Investment being calculated?)

 

But when I consolidate the GROUP, it doesn't work fine.

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