BC41 The Board decided that the amount of any gain or loss arising on the loss of control of a subsidiary, including the portion of the gain or loss attributable to recognising any investment retained in the former subsidiary at its fair value at the date when control is lost, and the line item in the statement of comprehensive income in which the gains or losses are recognised should be disclosed. This disclosure requirement, which took effect from 1 July 2009, provides information about the effect of the loss of control of a subsidiary on the financial position at the end of, and performance for, the reporting period.
Version date: 26 February 2020 - onwards
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