Non Controlling Interest

NON-CONTROLLING INTEREST

It is the equity interest of outside investors other than of parent. In other words it is the equity in a subsidiary not attributable, directly or indirectly, to a parent. Non-controlling interest should be presented in the consolidated statement of financial position within equity, separately from the parent shareholders' equity.

Treatment in Consolidated Financial Statements

Non-controlling interests in the net income of consolidated subsidiaries are adjusted against group income, to arrive at the net income attributable to the owners of the parent. Non-controlling interests in the net assets of consolidated subsidiaries should be presented separately in the consolidated statement of financial position. See the following video to understand the concept in detail and to see how it is calculated.

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