You misunderstood what I said. If is IFRS financial statements, irredeemable preference shares is an equity while redeemable preference share is a debt. Redeemable preference dividend would have been treated as Finance cost in accordance with IAS 32. Irredeemable preference dividend which have not been deducted will need to be deducted
Nice explanation
Please try and eliminate the echo
The issues of echo have been resolved in my recent videos
where is the continuation part sir?
ua-cam.com/play/PLvXG5IKPl2zgB4bp08WG42h1SQBwRZeLP.html
U said if it is irredeemable,we won't less it.
But your formula says PAT -div due to irredeemable pref shares-NCI
You misunderstood what I said.
If is IFRS financial statements, irredeemable preference shares is an equity while redeemable preference share is a debt. Redeemable preference dividend would have been treated as Finance cost in accordance with IAS 32. Irredeemable preference dividend which have not been deducted will need to be deducted