=+providing for the preference dividend of €5,600 and a pro- posed ordinary dividend of €5,000, both of which were subsequently paid, but had been incorrectly credited to the statement of comprehensive income of Black Limited. No entries had been made in the books of Black Limited in respect of the debenture interest due from, or the proposed dividend of, Bird Limited for the year ended 31 March 20X2. The proposed dividends included in current liabilities at 31 May 20X2 were approved dur- ing the year ended 31 March 20X2 by the shareholders of the respective companies. With respect to the measurement of non-controlling interests at the date of acquisi- tion, the proportionate share method equates to the fair value method.