Consolidation ( exemption)

[fairybelle]

hi, i have a question relating to exemption of consolidation.
Holding company A holds 100% of company B (private company) in the same country. Their ultimate beneficial owner is an individual , person A and person B. Can Company A be exempted from consolidating company B's account? in company A account, its recognised as Investment ( at fair value).

 

[kirby]

No

 

[fairybelle]

No

so we consolidate our subsidiary?

 

[kirby]

Yes