BelalM

bpdulog - not sure why you are adjusting the Liabilities, revenues, expenses due to an equity method investment. It is a single line adjustment, right? And you are going from having an investment in associates, to NO investment in associates here, not from Equity to Prop. Consolidation in my mind.

My adjustments:
equity method investment

you would reduce the Investment in Associates. So Assets would reduce. No Change in Debt. So Equity would reduce.
You would reduce the Net Income from Associates.

No change to Sales.

Net Profit Margin -> Lower - since Net Income is lower, Sales no change
Leverage -> Total Assets would Reduce, Equity would reduce. But Total Assets would reduce MORE. So Leverage would reduce.

Sales are the same, Total Assets reduced - so Net Sales / Total Assets = Total Asset Turnover would be the only one that increased.

CP