Consolidated Balance Sheet

Ant
Ant Registered Posts: 15 New contributor 🐸
Hello,

This may seem really simple to some of you, but can anyone give me details of how you find the Post Acquisition figure on a consolidated balance sheet???

Comments

  • Steve Collings
    Steve Collings Registered Posts: 997 Epic contributor 🐘
    Do you mean post acquisition profits? These are found by taking the retained earnings in the subs statement of financial position, then deducting the retained earnings at the acquisition date (usually found in the 'additional information' in the Q) - this is the post acquisition profits which is apportioned between parent and non controlling interests.

    Hope that helps.

    Regards
    Steve
  • Ant
    Ant Registered Posts: 15 New contributor 🐸
    thats great, thanks very much for your help.

    Cheers
    Ant
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