maryli

AndrewUNH Wrote:
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> That's correct Dreary, you are consolidating the
> whole 100% even though you don't really own 100%,
> therefore that "minority interest" shows up as the
> % that the minority shareholders own.


I can't believe you still don't get the question! He is asking why (sometimes) you only consolidate 60% or 70% or 80%, and not 100%. Let us say company X buys 60% of company Y. Consolidation means you take 100% of company Y's assets and liabilities and merge them into X's. However, there are cases when you only take 60% of company Y's assets and liabilities and merge them into X's.