Wow! Minority interest showing as its own row on an income statement has been a hot topic over the last few weeks. We've been getting quite a few questions about it lately. We've shown you ownership percentages before in the consolidation series, but this is a bit different. With minority interest, companies want to show 100% of the subsidiary for every line in the report, but subtract the non-controlling interest from the net income.
This video shows you how by using a reporting tree definition, an IF THEN ELSE statement and column restriction in the row definition you can calculate minority interest in your reports.