Home For AAT student members AQ 2016 Professional Diploma in Accounting Financial Statements for Limited Companies
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Non Controlling ownership and representation on Consolidated financial statement

When a company A (parent) owns 75% of company B, does it mean that on the consolidated financial statement we show the proportion that is owned by parent company and the outsider company as it was fully owned by 1 company?
I understand that parent presents non-controlling interests in its consolidated statement of financial position within equity, separately from the equity of the owners of the parent. For example from all total equity that both companies have, make a separate line showing that 25% of equity belongs to a Non-controlling entity, and 75% belongs to a parent company.
What about assets and liabilities? Do we show separately in assets and liabilities the proportion that belongs to the non-controlling party?

For example:
On assets and liabilities shouldn't we show that 25% of it belongs to non controlling party?
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