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minority interests (FI-LC)

Consolidation (FI-LC)

The portion of an FS item's value, which belongs to a consolidation unit that is not controlled by the corporate group.

Minority interest is computed during consolidation of investments and is recorded on separate items in the consolidated financial statements.

The Consolidation system performs the following computations:

The amount is derived from the equity of proportionally consolidated companies or subsidiaries, and is stated on the equity side of the balance sheet, either as a single accumulated figure or as separate figures differentiated by the equity's breakdown (into capital stock, retained earnings, etc.).

This is the difference between the investment book value and the group share of the upper unit.

Minority interest in investments is a characteristic of simultaneous consolidation and is normally disclosed with minority interest in equity capital.

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