Dear All
Can you please advice me on the calculation of minority interest.
the case is like as below
The subsidary company has credit balance in the share application money and the share premium from parent company. the parent company is holding 60% shares in the subsidiary. so while calculation minority interest do we need to consider share application and share premium or only equity capital and other reserves will be considered.

While calculating minority interest consider the share premium and application money with equity capital and reserves.