Are whole figures used for both companies in Consolidated Income Statements?

With consolidated balance sheets, we add 100% of the parent company values and x% (acquisition amount) of the Subsidiary.

Is this the same with Income Statement or do we just add both whole amounts and deduct inter-company adjustments?



  • CeeJaySix
    CeeJaySix Registered Posts: 645
    Whole numbers. At the bottom you put an extra couple of lines showing profit attributable to shareholders of the parent, and profit attributable to non-controlling interests.
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