Does the group have any foreign subsidiary companies

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Reference no: EM132175198

Question - Need to write about Telstra Corporation based on its 2017 annual report published online (1,500 words):

The non-controlling interest where would you find it in the financial statements and what does it represent? Details of any direct and indirect non-controlling interest? What do these mean? Is it important to show them separately? Why or why not?

Has there been any goodwill on acquisition? Or any gain on bargain purchase? Where would you find it in the financial statements and what does it mean? Have there been any impairments to assets during the period?

Intra-group transactions and balances: How much are they? In which set of financial statements will we be able to locate them? Are they an important part of the consolidation process? Why or why not?

Does the group have any foreign subsidiary companies? How have they been accounted for in the financial statements? How have the subsidiary company's financial statements been translated?

Reference no: EM132175198

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