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What is the profit attributable to equity holders of parent/controlling interest in Consolidated Net income for 2014? What is the Non-controlling interest in net income

What is the profit attributable to equity holders of parent/controlling interest in Consolidated Net income for 2014?

What is the Non-controlling interest in net income for 2014?

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Pepper Company acquired 80% of the voting stock of Salt Company on January 1, 2001, when Salt Company's retained earnings amounted to 130,000. The difference between the implied and book value and fair values of the non-cash assets on the date of acquisition was allocated as follows: Land P50,000 Equipment (10-year life) 20,000 Goodwill 40,000 Salt Company reported retained earnings of P 260,000 on January 1, 2014, and 320,000 on December 31, 2014. Salt Company reported net income of P90,000 and declared dividends of P30,000 in 2014 Pepper reported operating income in 2014 in the amount of P700.000 with dividends paid of P25,000 and retained earnings on December 31, 2014, of P3,500,000 The sales, cost of sales and intercompany sales made during 2014 are as follows: Pepper Co. Salt Co. Sales P2,500,000 1,200,000 Cost of Sales 1,250,000 875,000 Intercompany sales: Pepper to Salt 320,000 Salt to Pepper 290,000 There were no intercompany sales prior to 2013 and unrealized profits on January 1 and on December 31, 2014, resulting from intercompany sales are summarized below: Unrealized Intercompany Profit on Resulting from: Jan. 01, 2014 Dec 31, 2014 Sales by Salt Company to Pepper Company P 10,000 P5,000 Sales by Pepper Company to Salt Company 15,000 20,000 Pepper Company acquired 80% of the voting stock of Salt Company on January 1, 2001, when Salt Company's retained earnings amounted to 130,000. The difference between the implied and book value and fair values of the non-cash assets on the date of acquisition was allocated as follows: Land P50,000 Equipment (10-year life) 20,000 Goodwill 40,000 Salt Company reported retained earnings of P 260,000 on January 1, 2014, and 320,000 on December 31, 2014. Salt Company reported net income of P90,000 and declared dividends of P30,000 in 2014 Pepper reported operating income in 2014 in the amount of P700.000 with dividends paid of P25,000 and retained earnings on December 31, 2014, of P3,500,000 The sales, cost of sales and intercompany sales made during 2014 are as follows: Pepper Co. Salt Co. Sales P2,500,000 1,200,000 Cost of Sales 1,250,000 875,000 Intercompany sales: Pepper to Salt 320,000 Salt to Pepper 290,000 There were no intercompany sales prior to 2013 and unrealized profits on January 1 and on December 31, 2014, resulting from intercompany sales are summarized below: Unrealized Intercompany Profit on Resulting from: Jan. 01, 2014 Dec 31, 2014 Sales by Salt Company to Pepper Company P 10,000 P5,000 Sales by Pepper Company to Salt Company 15,000 20,000

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