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[IFRS 10: B88] The parent and subsidiaries are required to have the same reporting dates, or consolidation based on additional financial information prepared by subsidiary, unless impracticable.

IFRS 10 was issued in May 2011 and applies to annual periods beginning on or after 1 January 2013.

The objective of IFRS 10 is to establish principles for the presentation and preparation of consolidated financial statements when an entity controls one or more other entities.

[IFRS ] A reporting entity attributes the profit or loss and each component of other comprehensive income to the owners of the parent and to the non-controlling interests.

The proportion allocated to the parent and non-controlling interests are determined on the basis of present ownership interests.

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