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Two statements approach:<br />

Income tax relating to components of other comprehensive (8,000) (7,800)<br />

income<br />

Other comprehensive income for the year, net of tax 24,666 38,866<br />

Total comprehensive income for the year 193,666 168,866<br />

Profit attributable to:<br />

Owners of the parent 152,542 117,780<br />

Minority interest 16,458 12,220<br />

Total comprehensive income attributable to:<br />

169,000 130,000<br />

Owners of the parent 173,208 150,246<br />

Minority interest 20,458 18,620<br />

1) Income statement<br />

ILLUSTRATION 2<br />

193,666 168,866<br />

20X9 20X8<br />

Revenue 780,000 710,000<br />

Expenses (500,000) (550,000)<br />

Profit before tax 280,000 160,000<br />

Income tax expense (50,000) (30,000)<br />

Profit for the year from continuing operations 230,000 130,000<br />

Loss for the year from discontinued operations (61,000) --<br />

Profit for the year 169,000 130,000<br />

Profit attributable to:<br />

Owners of the parent 152,542 117,780<br />

Noncontrolling interest 16,458 12,220<br />

2) Statement of comprehensive income<br />

169,000 130,000<br />

20X9 20X8<br />

Profit for the year 169,000 130,000<br />

Other comprehensive income:<br />

Exchange differences on translating foreign operations 10,000 20,000

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