Accounting · Financial Instruments
At 31 December 20X5, a Non-Controlling Interest (NCI) Put Option Liability (initially recorded at a present value of 100,000,000) is unwound to reflect the passage of 1 year. If Alpha Co's finance cost/effective interest rate is 6% per annum, what is the interest/unwinding charge recognised in the 20X5 Profit or Loss statement?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 10 (as it is treated directly as an equity transaction)
- 25,400,000
- 36,000,000✓
- 47,200,000
Correct answer
6,000,000
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