OTCPK:KATFF - Post by User
Comment by
patels96on Jun 27, 2019 9:30am
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Post# 29869123
RE:RE:RE:RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..Latest
RE:RE:RE:RE:RE:RE:RE:RE:RE:Glencore Onwership of KAT shares..LatestI don't want to argue just look at intercompany and related party transaction under IFRS. If a company has significant influence over it's subsidiary then it will be accounted for using the consolidation process, in which the parent company will account 100% of the assets, liabilities, revenue and expenses (this includes interest expense). The 14% refers only to non controlling minority interest on earnings reported