spreads

so in your third paragraph from the bottom you state that:
"In case of use of consolidation method, 320 non-controlling interest will be part of total equity of NinMount PLC.

This will increase total equity to 1750."

I had understood the acquisition method to mean that you combine 100% of the investee's assets and 100% of the investee's liabilities with corresponding assets and liabilities on the investors balance sheet and then create an entry in the equity section to account for the non-controlling interest (that is the % of the investee's net assets that the investor does not own) Is this incorrect?

I'm repeating this to see if you think I'm following you correctly:

After reading what you had written my interpretation is that after the accting stmts are prepared, using the acquisition method, two entities now become one. So at the beginning of year 2009 there is no need to continue to use the acquisition method and account for the non-controlling (50%) interest on Ninmount's equity section? -So essentially the non-controlling interest goes away and Ninmount gets to report 100% of the investee's net assets?

This is the part that is confusing for me. Why would the 50% interest they purchased in 2008 now include 100% of this investee's net assets, simply b/c of a new year beginning?

Don't want to sound like I'm arguing with you here, just trying to make sure I understand. Thanks in advance for any help to all willing to post.
-Andrew