Under AASB 101, profit or loss attributable to non-controlling interests is required to be presented in the:

A) statement of cash flows.
B) statement of changes in equity.
C) statement of financial position.
D) statement of profit or loss and other comprehensive income.

AASB 101

An Australian Accounting Standard Board regulation that sets out the overall requirements for the presentation of financial statements, guidelines for their structure, and minimum requirements for their content.

Non-Controlling Interests

A minority stake in a company that is not enough to exert control over it.

Comprehensive Income

The change in equity of a company during a period from transactions and other events from non-owner sources, including all revenues, gains, expenses, and losses.