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Change In Ownership Due to issue of shares - Coggle Diagram
Change In Ownership Due to issue of shares
SPECIFIC ISSUES
There will be an Increase in Share Capital (Eliminated)
New line item in RE: Rights issue, Only NCI increase recognised as Parent was eliminated.
If Parent & NCI exercise all their rights. No change in shareholding. Investment in S will increase
Rights issue is analysed at the "AT" column of the parent in the Analysis
Rights Issue
Procedures will depend on whether, there is a change in control or no change in control
Dealt with in the same way as any purchase of shares
Fractional shares acquired
Share buy back
-Consideration transferred for buyback to Co
= Change in Ownership
GoBP transferred (similar to GW reattribution)
*Determine the % remaining after buyback
NB. Change in ownership only happens when no change in control
= Total Equity after buyback
OR
Less buyback
Apply POT method:
Total Equity BEFORE buyback
Proceeds
not a normal sale of shares, so the before and after method has to be used to calculate the amount of the change in ownership
Less "value sold" (Change in % held- Before vs After)
Less GoBP transferred
=Change in Ownership