On 1 January 20x5, A Ltd acquired 70% of B Ltds ordinary shares and 40% of C Ltds ordinary shares. On the same date, B Ltd acquired 30% of C Ltds ordinary shares. For the year ended 31 December 20x9, the profit after tax of A Ltd, B Ltd, and C Ltd were $300,000, $200,000, and $100,000, respectively.

Assume that more-than-50% of direct shareholding gives rise to control, and a 20%-or-more but less-than-50% of direct shareholding gives rise to significant influence.

Required: (i) Assess the identity of C Ltd from B Ltds perspective. (ii) Assess the identities of B Ltd and C Ltd from A Ltds perspective. (iii) Compute the direct, indirect, and effective percentages of shareholdings held in B Ltd and C Ltd from the perspective of the ultimate parent, A Ltd. (iv) Compute the direct, indirect, and effective percentages of shareholdings held in B Ltd and C Ltd from the perspective of the non-controlling shareholders. (v) Compute the 20x9 profit attributable to non-controlling interest. (vi) Compute the 20x9 profit attributable to the shareholders of A Ltd.