Kingsmen Creatives

[bliss88]

Hi All,

Can help me to understand why the NPAT is -2.021 mil but they based on Profit attributable to shareholders of -0.882 mil to calculate the EPS?

May I know what is the difference?

Sorry for the newie question?

Thanks.

setan

The difference is due to profits or loss due to minority interests (MI).  For instance, if parent company owns only 60% of a subsidiary, the subsi 100% results will be consolidated but there is a 40% MI (shareholders of subsi). 

Therefore, the net earnings attributable to shareholders (refer to shareholders of the parent co) will not include any earnings or loss that "belongs" to the 40% shareholders of the subsi.