Question: Noncontrolling Interest The information below comes from the Form 1 0 - K for Exxon Mobil Corporation ( XON ) . Year Ended December 3
Noncontrolling Interest
The information below comes from the Form K for Exxon Mobil Corporation XON
Year Ended December in $ millionsNet income attributable to Exxon Mobil$Plus: Net income attributable to noncontrolling interestsNet income$Exxon Mobil share of equity$Noncontrolling interestsTotal Equity$
a If a stakeholder is interested in the profitability of Exxon Mobil's worldwide operations, which net
income number in dollars would be most relevant?
$Answer
b What proportion of net income was attributable to shareholders of Exxon Mobil? Round percent
to one decimal place.
Answer
c Of the total equity of Exxon Mobil, what proportion came from controlling shareholders? Round
percent to one decimal place.
Answer
d XON has controlling interest in an Italian company, Terminale GNL Adriatico TGNLA Assume that during the year, TGNLA pays a dividend of $ million to XON and $ million to the noncontrolling interests. Based on this information, what proportion of TGNLA shares are owned by Exxon Mobil? Round percent to one decimal place.
Answer
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