help with consolidated financial statement

[annasmyth97]

I was doing an exercise on consolidation. the first step is the elimination of the investment, but the value I got for the investment is higher than the one reported on the parent's financial statement. what could be the reason behind it?

 

[kirby]

If the parent is not a 100% owner of the sub, that will be a reason.
Also, if parent has not recorded the equity income of the sub (for some reason) that will be a reason.

 

[Fidget]

I was doing an exercise on consolidation. the first step is the elimination of the investment, but the value I got for the investment is higher than the one reported on the parent's financial statement. what could be the reason behind it?

How did you come to your value of the investment?

 

[annasmyth97]

How did you come to your value of the investment?

I was given it

 

[annasmyth97]

Could it be impairment of goodwill?