Mock 2012 morning Q44 net, morning, opinion, primary

Dapper425

In the explanation they claim the net income rises by $30M.
However the case is that this income comes from the sale of asset to controlled entity (i.e. a VIE that the company is primary beneficiary of). And we know the company cannot recognize the income from such transaction with an associate (look in book 2 page 138-139).
So in my opinion the net income is unaffected and C answer is correct, what do you think?

Kingpin804

I missed this too, for the same reason.