When calculating the contribution to Income in Associates, which items should we look out for when adding the associates income to our NI on the income statement? Here’s a list of items I’m going to try to look out for, please let me know if I’m missing anything:
-Upstream/Downstream sales
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Amortization of identifiable intangibles (i.e pro-rata amount for PPE excess of purchase price over fair value)
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Pro-rata amount of Associates NI