TERMINOLOGY, FORMS & METHODS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS. COPYRIGHT RODERICK SEEMAN

SUBCHAPTER 5. MINORITY INTERESTS

Article 41. Indication of Minority Interests In those situations where there are minority interests (meaning that portion of the capital accounts of consolidated subsidiaries not falling within the holdings of the company filing the consolidated financial statements. Hereinafter the same.) an entry must be made with an item named minority interests at the tail end of the liabilities section of the consolidated balance sheet.

2. In those situations where there is a consolidation adjustment account of Paragraph 1, Item 2 of the previous Article (including those situations based on Paragraph 2 of the same Article) regardless of the provisions of the previous Paragraph, minority interests must be entered after the consolidation adjustment account.