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CalculationAdvancedVariant — group VG.IFRS11.000003Published

Question · Transactions with the joint operation: limited gain

Orca SA, a joint operator, sells an item of equipment to the joint operation that it runs with other parties. The total gain on the sale is 200,000. The other parties' interests in the joint operation represent 60 % (case data). Calculate the gain recognised by Orca and the gain that is not recognised.

Total gain on the sale
200,000
Other parties' interests in the joint operation
60 %
Your answer

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