How to specify minority interest and associate interests in a forecast

How to specify minority interest and associate interests in a forecast

You can specify a minority or associate interest for each forecast in the consolidation as needed.


Minority Interest
After consolidating, a minority interest % is entered. We then add a line to display the minority share of profit deducted from the source forecast profit at the bottom of the P&L report.

If the minority interest is 25% then 25% of the net profit and dividend are deducted from the source forecasts net profit.


Associate Interest
This is where the subsidiary investment is a minority, and/or you have no control over the subsidiary.

In this case it is the reverse of minority interest. We calculate the share of profit % and report that only.
Revenues, Cost of Sales, Overheads etc. are not consolidated into the consolidation



    • Related Articles

    • Forecast 5 Essentials Guide - the basics of Forecast 5

      This guide will walk you through the steps of setting up and using Forecast 5. Introduction to Forecast 5 Forecast 5 is a purpose-built forecast and budgeting tool that uses a pre-built metric template and contains an integrated report set (P&L, ...

    • Forecast 5 Record Types and Descriptions

      Types of Record Forecast 5 provides a variety of types of record, each tailored to a specific requirement.  For example, the information that must be entered about income is quite different from that entered about a financed asset. Sales Record Types ...

    • Forecast Data Export Guide

      The Data Export allows you to export multiple existing forecasts from Forecast 5 into a formatted spreadsheet to be imported into an external product, e.g., Spotlight, Fathom. Please see the attachment tab for the guide

    • Consolidation Rules for Forecast 5

      In order to successfully create a consolidation in Forecast 5, there are some rules and tips to be followed: Rules The forecasts must all have the same start date and number of years. The forecasts must be in the same state e.g. budget, actuals or ...

    • Forecast 5 Support Policy

      The annual subscription includes the provision of support to an end user, access to the online training videos, continued use of the product and access to updates and releases.  You have access to the Forecast 5 Knowledge Base, available ...