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11- Subsidiary - Coggle Diagram

- - - - Investment in subs. are not consolidated but they are held at FVTPL
  - - - capital appreciation
        
        rise in the investment's market price
- - - - Assets, liabilities, equity
      - Income, expense, cash flows
      - Unrealised profits
- - - - The existing rights that give the current ability to direct the relevant activities of the investee
- - - - Inappropriate because adequate disaggregated info can be provided by disclosures under IFRS 8
    - - Inappropriate because the principle of IFRS 5 NCAHFS & DO should be applied
    - - Inappropriate because excluding it will be seen as manipulating and will not show a true and fair view
    - - The parent should determine whether control exists, if not, then it should not be consolidated
- - - - Examples of power
        
        Voting rights
        
        Rights to appoint, reassign or remove KMP
        
        Rights to appoint or remove another entity that direct relevant activities
        
        Management contract
    - - Can still have the ability to use the power to direct even if it does not actively direct the activities of the investee