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TableofContentsUNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington, D.C.20549 FORM10Q (Marine) xQUARTERLYREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 FORTHEQUARTERLYPERIODENDEDMARCH31,2017or
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How to fill out lessnetincomeattributabletononcontrollinginterests
How to fill out lessnetincomeattributabletononcontrollinginterests
01
Obtain the financial statements of the entity, including the income statement.
02
Locate the line item for net income or profit.
03
Identify the portion of net income that is attributable to non-controlling interests.
04
Subtract the less net income attributable to non-controlling interests from the total net income to arrive at the net income attributable to the controlling interests.
Who needs lessnetincomeattributabletononcontrollinginterests?
01
Investors and stakeholders interested in understanding the portion of net income that belongs to non-controlling interests.
02
Accountants and financial analysts responsible for preparing or analyzing financial statements.
03
Companies with non-controlling shareholders or partners that need to report the appropriate allocation of net income.
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What is lessnetincomeattributabletononcontrollinginterests?
LessNetIncomeAttributableToNonControllingInterests is the portion of a company's net income that is attributable to non-controlling interest shareholders.
Who is required to file lessnetincomeattributabletononcontrollinginterests?
Companies with non-controlling interest shareholders are required to file LessNetIncomeAttributableToNonControllingInterests on their financial statements.
How to fill out lessnetincomeattributabletononcontrollinginterests?
LessNetIncomeAttributableToNonControllingInterests should be calculated by determining the percentage ownership of non-controlling interest shareholders and applying it to the company's net income.
What is the purpose of lessnetincomeattributabletononcontrollinginterests?
The purpose of reporting LessNetIncomeAttributableToNonControllingInterests is to provide a clear picture of the portion of net income that belongs to non-controlling interest shareholders.
What information must be reported on lessnetincomeattributabletononcontrollinginterests?
The financial statement should include details on the calculation of LessNetIncomeAttributableToNonControllingInterests and the percentage ownership of non-controlling interest shareholders.
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