Page 5 - 17. COMPILER QB - INDAS 110
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holders of non-controlling interests in Mars Limited [reflecting 20% interest of non-controlling shareholders of
Mars Limited in 30% of Venus Limited] and 45% to holders of non-controlling interests in Venus Limited).
(In simple words - to establish CONTROL, we have 55% holding. This is because having a majority share in
Mars, allows Solar to control the whole of 30% that it holds in Venus. However, this is not the actual % of
ownership. In terms of ACTUAL holding, Solar only has 49% = [25+(30% x 80)] and hence, benefits related
to ownership will be restricted to 49% only and balance 51% will be for NCI.)
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