Question: The Daddy Group has the following group structure: Daddy Ltd Son 1 Ltd Son 2 Ltd Son 3 Ltd 70% 559% 30 3% Son 4

The Daddy Group has the following group structure: Daddy Ltd Son 1 Ltd Son 2 Ltd Son 3 Ltd 70% 559% 30 3% 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 Lid will be controlled by the Daddy Ltd? (1.5 marks) (c) What percentage of the dividend declared by Son 7 Lid 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 9% Non-controlling Interest Direct % Indirect % Total

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