Consolidated Balance Sheet

Ant
Registered Posts: 15 Dedicated 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???
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???
0
Comments
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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
Steve0 -
thats great, thanks very much for your help.
Cheers
Ant0