CERTYNEX IFRS ACADEMY

Orient SA is an investment entity required to apply the exception to consolidation; it holds an unconsolidated subsidiary, Zeta SA (case facts). What information does IFRS 12 ask it to provide?

The consolidation information on the composition of the group and the share of non-controlling interests, as for a consolidated subsidiary.

Nothing, an unconsolidated subsidiary being outside the scope of IFRS 12 since the investment entity does not consolidate it.

The fact that it applies the exception and, for Zeta, the name, principal place of business, ownership interest and, if different, the proportion of voting rights.

Zeta's name and place of business, the ownership interest and the proportion of voting rights falling under IFRS 10 and not to be disclosed.