A disposal takes Érable SA's holding in Tilleul SA below the threshold of control: Érable receives 600,000 and keeps an interest whose fair value is 360,000. In the consolidated accounts, Tilleul is represented by assets excluding goodwill of 1,100,000, goodwill of 100,000, liabilities of 520,000 and non-controlling interests of 90,000. Case convention: no other accumulated other comprehensive income. Record the entry that reflects the loss of control and the retained investment.
- Consideration received in cash
- 600,000
- Fair value of the retained interest
- 360,000
- Carrying amount of the non-controlling interests
- 90,000
- Assets of the subsidiary excluding goodwill
- 1,100,000
- Goodwill of the subsidiary
- 100,000
- Liabilities of the subsidiary
- 520,000