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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q x Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period
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Who needs minority interests?

01
Investors or shareholders who hold minority stakes in a company.
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Legal professionals or advisors who represent clients with minority interests in various transactions or legal matters.
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Minority interests, also known as non-controlling interests, represent the portion of equity ownership in a subsidiary not attributable to the parent company. This usually occurs when a parent company owns less than 100% of a subsidiary.
Companies that own a controlling stake in another company but do not own 100% are required to report minority interests on their balance sheets, as per accounting standards.
To fill out minority interests, companies should calculate the percentage of ownership held by minority shareholders and report their share of the subsidiary's net assets in the equity section of the consolidated balance sheet.
The purpose of minority interests is to accurately reflect the equity interest of minority shareholders in a subsidiary within the consolidated financial statements of the parent company.
Information that must be reported includes the percentage of equity owned by minority shareholders, profits or losses attributable to minority interests, and the total value of minority interests on the balance sheet.
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