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   Non-controlling interests 

The non-controlling interest (NCI) shows the extent to which net assets controlled by the group are 

owned by other parties.  

Let's recap on the general principles of consolidation. 

 

Consolidation means adding together. 

 

Consolidation means cancellation of items internal to the group. 

 

Consolidate as if you owned everything and then show the extent to which you do not. 

It is this third point with which we are now concerned.  

Following the above principle, the total assets and liabilities of subsidiary companies are included in the 

consolidated statement of financial position, even in the case of subsidiaries which are only partly 

owned, by which we mean where the parent doesn't own 100% of the share capital of the subsidiary. A 

proportion of the net assets of such subsidiaries in fact belongs to investors from outside the group which 

we call the non-controlling interests (NCI). 

IFRS 10 defines