Final computation

Financial Reporting

Why is the whole preference dividend deducted only from the parent's share of profit and not from total profit including NCI's profit ? Should it be proportionately reduced ? Video Details ------------- Ind AS - CA Final Ind AS 33 Earnings Per Share #31. Illustration 20

Hari Prasad

CA Final

★ 3K+

18-Sep-25 12:48

215

Answers (1)

For consolidated financial statements, we consider what is belonging to the Parent's shareholders. NCI profits do not belong to the parent.

CA Suraj Lakhotia

Admin

24-Sep-25 09:36