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The Largest Group has the following group structure: Largest Group 95% 90% 35% Large Ltd Extra Large Ltd Associate Ltd 80% 65% Medium Ltd Medium
The Largest Group has the following group structure: Largest Group 95% 90% 35% Large Ltd Extra Large Ltd Associate Ltd 80% 65% Medium Ltd Medium Large Ltd 15% 5% 50% 95% Small Ltd Extra Small Ltd Required: (a) Reproduce and complete the following controlling and non-controlling interest table using the answer sheet on the next page. Show your calculations. (b) What percentage of the voting in Extra Small Ltd will be controlled by the Largest Group? (c) what percentage of the dividend declared by Extra Small Ltd will be received by the Largest Group? Largest Group Large Medium Extra Medium Extra Small Associate Large Small Direct % Large Indirect % Non-controlling Interest Direct % Indirect % Total
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