Minority Interest (SF.IS.MinorityInterestIncStmt)

Minority Interest (SF.IS.MinorityInterestIncStmt) refers to the share of earnings/losses in subsidiaries that belongs to shareholders other than the parent company when the parent company owns less than 100% but more than 50% of a subsidiary. Since the subsidiary’s financials are consolidated with the company, this value is a negative number which refers to the amount the company does not own.

Minority Interest is utilized for items that are reported below net income before taxes on the face of the income statement, or in the notes to these face items. In case the full value of the minority interest cannot be disclosed on the face of the income statement, it is shown as supplemental footnote (Minority Interest, Supplemental (SF.Notes.IS.MinorityInterestSuppl)).

Minority Interest (SF.IS.MinorityInterestIncStmt) includes:

  • Earnings allocated to joint venture partners when the full consolidation method is applied to joint venture projects
  • Earnings of a subsidiary that are allocated to outside limited partners

Minority Interest (SF.IS.MinorityInterestIncStmt) excludes:

  • Total minority interest – the sum of all items regardless of their position in the income statement (classified as Minority Interest, Supplemental (SF.Notes.IS.MinorityInterestSuppl))
  • Earnings allocated to general partners (classified as General Partner’s Distributions (SF.IS.GeneralPartnersDistributions))
  • Dividends to preferred stockholders (classified as Preferred Dividends (SF.IS.PreferredDividends))
  • Pre-tax equity in affiliates/minority interests (gains or losses arising from minority stakes held by the company in other businesses) – classified depending on the section and format of the income statement:
    • If reported in the revenue section or forming part of a company’s core operations or investment activities – classified as Net Sales (SF.IS.NetSales) in the Industrial template, or as Net Investment Income (SF.IS.NetInvestmentIncome) in the Insurance template.
    • If reported in the operating section, in the functional or cost-by-nature income statement formats – classified as Investment Income – Operating (SF.IS.InvIncome_Operating).
    • If reported in the non-operating section, or not forming part of a company’s core operations or investment activities – classified as Investment Income – Non-Operating (SF.IS.InvInc_NonOperating)
  • Equity in the earnings of associates, affiliates, joint ventures and unconsolidated subsidiaries – the portion reported below income before taxes (classified as Equity in Affiliates (SF.IS.EquityInAffiliates))
  • Total equity in the earnings of associates, affiliates, joint ventures and unconsolidated subsidiaries – the sum of all items regardless of their position in the income statement (classified as Equity in Affiliates, Supplemental (SF.Notes.IS.EquityinAffiliatesSuppl))