Because the Turkcell Ltd has a number of subsidiaries, financial manager is requires to prepare a set of consolidated financial statements for the group. She is concerned about the calculation of the Non-Controlling Interest share of equity particularly where there are intragroup transactions. The auditors required that when adjustments are made for intragroup transactions the effects of these transactions on the Non-Controlling Interest should also be adjusted for. Manger has two concerns. First, why is it necessary to adjust the Non-Controlling Interest share of equity for the effects of intragroup transactions? Second, is it necessary to Non-Controlling Interest adjustment in relation to all intragroup transactions? Required: Prepare a report for financial manager, explaining these two areas of concern.