a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations. (b) What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd? (c) What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Q) The Daddy Group has the following group structure:

Daddy Ltd

80% 80%

27%

Son 1 Ltd Son 2 Ltd Son 3 Ltd

70% 55% 

30%

Son 4 Ltd Son 5 Ltd

10% 5% 4 5% 95%

Son 6 Ltd Son 7 Ltd 

(a) Reproduce and complete the following controlling and non-controlling interest table. Show your calculations.

(b) What percentage of the voting in Son 7 Ltd will be controlled by the Daddy Ltd?

(c) What percentage of the dividend declared by Son 7 Ltd will be received by the Daddy Ltd?

Daddy interest Son 1 Son 4 Son 2 Son 5 Son 7 Son 6 Son 3
Direct%              
Indirect%              
Non controlling interest              
Direct %              
Indirect %              
Total              
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