The Daddy Group has the following group structure:

Daddy Ltd

80% 80% 27%

Son 1 Ltd Son 2 Ltd Son 3 Ltd

70% 55%

30 %

Son 4 Ltd Son 5 Ltd

10% 5% 45% 95%

Son 6 Ltd Son 7 Ltd

(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations. ( 7 marks)

(b) What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd? (1.5 marks)

(c) What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd? (1.5 marks)

Daddy Interest

Son 1

Son 4

Son 2

Son 5

Son 7

Son 6

Son 3

Direct %

Indirect %

Non-controlling Interest

Direct %

Indirect %

Total

The Daddy Group has the following group structure: Daddy Ltd 80% 80% 27% Son 1 Ltd Son 2 Ltd Son 3 Lto 70% 55% 30 9% Son 4 Ltd Son 5 Ltd 10% 5% 45% 95% Son 6 Ltd Son 7 Ltd (a) Reproduce and complete the following controlling and non-controlling interest table. Show