Non-controlling interests on disposal

Learning objectives

• Analyse the treatment of the share attributable to non-controlling interests (derecognised, not reclassified to profit or loss).L3, L4

Normative references

• IAS 21 §48BOn the disposal of a subsidiary, the exchange differences attributed to non-controlling interests are derecognised but are not reclassified to profit or loss.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

1 question

• The Ferrand group disposes of its foreign subsidiary, in which non-controlling interests hold {nci_percentage}. The cumulative translation differences of the subsidiary are {cumulative_reserve}, split according to the percentages held (case convention). Calculate the share derecognised without reclassification and the amount reclassified to profit or loss.L3