Alba SA holds 40 % of Brise SA, an associate accounted for under the equity method. Brise sold goods to Alba (upstream transaction); at the reporting date, the inventory bought from Brise and still held by Alba contains an unrealised profit of 70,000 (case data). Calculate the unrealised profit that Alba's share leads it to eliminate.
- Investor's percentage
- 40 %
- Unrealised profit in remaining inventory
- 70,000