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Adjustment of Minority Interest in Income Statement

Others 221 views 2 replies

While analysing Income Statement of Britania Industries Ltd it was observed that minority intrest is added to Profit  whreas it should have been substracted why?

PROFIT/LOSS FROM CONTINUING OPERATIONS 1,849.78 1,393.16 1,156.43 1,004.14 884.33  
PROFIT/LOSS FOR THE PERIOD 1,849.78 1,393.16 1,156.43 1,004.14 884.33  
Minority Interest 13.31 9.03 3.66 0.27 -0.14  
CONSOLIDATED PROFIT/LOSS AFTER MI AND ASSOCIATES 1,863.90 1,402.63 1,159.12 1,004.23 884.47
Replies (2)

Any updates on why minority intrest is getting added up here

Possibly loss of Subsidiaries ? As profits to be subtracted Loss is added back 


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