Querry in calculation of minority interest claims

Sonam (Final CA Student) (53 Points)

01 February 2014  

Hello, I have a querry in case of calculation of Minority Interest claims. My question is while calculating minority interest we consider the share in equity / preference share capital, share in capital profits and revenue profits. However if the balance sheet of subsidiary company also has accumulated losses, then how are these losses to be treated ??

Thankyou in advance,

Sonam