Indofood Agri Resources (IndoAgri)

[CityFarmer]

this means controlling interests do not own the complete company and some other person/company has almost half the non-controlling shares?

i am not an accountant so not sure if i am completely factual. Someone pls correct me if need be.

consider A purchases 80% of B, so B is now a subsidiary hence balance sheets should be consolidated. The 20% of B which is not owned by A should fall under non-controlling interests so that ultimately numbers must balance.

The statement is correct.

Base on the numbers posted previously, it is likely a major subsidiary of only approx 60% of controlling interest.