On June Parent Co decided to discontinue operations in Sub Co
Sub Cos operating Income to June was $ million.
Sub Co suffered an operating loss from July to June of $ million of which,
$ million was July Dec
Sub Cos tax rate on all Income and Losses is
On Dec Sub Cos net assets were expected to be disposed of at a net loss of $ million by June
On June actual disposal was $ million Assume assets considered held for sale
Sub Co was also expected to incur $ million additional legal and site restoration costs in the disposal.
On June actual costs were $ thousand.
Present the required FS presentation, for and
Partial Income Statement Parent Co For the period ended Dec
