why do you add non controlling interest back to CF statement?
Why do you have to add back non controlling interest to your cash flow statement? I am confused. If a parent owns 70% of a company that generates 100 in net income, does the company receive 70% of that net income or 100% of that net income?
According to BIWS, you add it back because "you do, in fact, receive this net income in cash when you own over 50% of the other company.
But I thought you only 100% consolidate financial statements because it was an accounting rule, and it didn't mean you actually got 100% of their revenue.
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