IFRS 10Chapter 7Lesson 1
Non-controlling interests: presentation, attribution, deficit balance
Step 1 of 9Learning objectives
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Non-controlling interests are presented within equity, separately from the equity of the owners of the parent; profit and each component of other comprehensive income are attributed to them according to current ownership interests, even if their balance becomes a deficit.
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Learning objectives
- Identify where non-controlling interests are presented and explain why.
- Calculate and record the share of profit and other comprehensive income attributed to the third parties (non-controlling interests).
- Calculate the share of losses attributed to the third parties and explain the deficit balance.
- Calculate the share of profit after dividends on cumulative preference shares.