Alba SA sells part of its interest in Brise SA, an associate, and retains significant influence. The sale represents 25 % of its previous interest (case data). The accumulated other comprehensive income recognised in respect of Brise amounts to 120,000 (gain). Calculate the amount reclassified to profit or loss.
- Accumulated other comprehensive income
- 120,000
- Proportion of the reduction in the interest
- 25 %