Delta Plc has an 80% subsidiary Golf Ltd, which has been a subsidiary of Delta for the whole of the current year. Golf reported a profit after tax of £600,000 in its own financial statements. You ascertain that at the year-end there was unrealised profit of £60,000 on sales by Golf to Delta. What is the non-controlling interest in Golf that would be reported in the consolidated statement of profit or loss and other comprehensive income of Delta for the year? Show your calculations

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.