Dividends paid by subsidiaries to stakeholders must be eliminated from the RUs TBs.
The eliminated amount must then impact the Group Profit and Loss and latest the TBs of the Owner Retained Earnings) and the Owned (Conso Reserve)
Set Selections
The Selections are Saved as L10-05 and Opening Select (please refer to Overview Section).
In the following steps the Eliminations happens as -(a) where a is the Conso Value cube (refer to L09) and b is the Conso Value cube (SEL L10-05).
Such amount must then be re-balanced on proper Plug Account. This happens through the "W Conso Value for L10x Elimination (total by Account)" cube that works as "bridge" cube without the Account dimension.
Eliminates the PROFIT Amounts on RUs (1)
The Dividends Accounts (those with DIVI Rule Associated, please refer to Account Setting section) TBs are eliminated for the CLO Movement only since they are P&L Accounts
Balances Dividend Elimination on Group/Min Plug Accounts (2)
The eliminated amount is rebalanced on the Retained Earnings Accounts and Group and Minorities Calculated on DIV Movement accordingly to PFY Share %s
The effect of Change in Scope is calculated in CCA Movement.
Effect on Company Group Profit and Loss Calculation (3)
Since P&L Account have been changed the Group Profit must be updated and Group and Minorities calculated.