Tilleul SA, a subsidiary of the Orme group, records a loss of 440,000 for the year. Third parties hold 25 % of Tilleul, and the carrying amount of their non-controlling interests is 50,000 at the start of the year. Case convention: no dividend and no other comprehensive income; a negative balance is shown with a minus sign. Calculate the closing balance of the non-controlling interests.
- Loss of the subsidiary
- 440,000
- Percentage held by third parties
- 25 %
- Non-controlling interests at the start of the year
- 50,000