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Controlling Interest
Controlling Interest
P15,000) (6,000)
Consolidated net income P572,000
NCI net income (20% x P244,000)
Attributable to controlling interest
33.
Puny
Realized gain
income, 2013
Internally generated net income, 2013 P235,000
Sandy
Unrealized profit in ending inventory (8,000)
(40% x P20,000)
Realized profit in beginning inventory 6,000 233,000
581,000
Consolidated total comprehensive income 46,600
P534,000
NCI net income (20% x P233,000) Comprehensive income attributable to
controlling interest
34.
Dividend income
operations
Total comprehensive income Sofa 90,000
326,500
Consolidated total comprehensive income 22,500
P304,000
NCI net income (25% x P90,000)
attributable to parent:
Consolidated total comprehensive income P400,000
37.