ACCA SBR ^INT Syllabus D. Financial Statements of Groups entities - Accounting For Group Companies In The Parent - Notes ^{25 / 37}

In the parent's own financial statements...

• Investments in subsidiaries are held at cost or at fair value under IFRS 9

• Consequently the profit or loss on disposal of a sub is different from the group profit or loss on disposal:

  Fair value of consideration received X
  Less carrying amount of investment disposed of (X)
  Profit/ (loss) X

  This would be in P's Income statement and is ignored in group accounts - the group loss on disposal is shown instead