Adjustment of Minority Interest in Income Statement

hemendra (training) (5 Points)

18 February 2022  

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