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 |