Direct Percent Ownership

Direct percent ownership is the percentage of regular nonvoting shares of stock owned by each entity. When you select Direct Percent Ownership, the system calculates this based on information in the Shares%Owned account.

For example, if Entity 002 has a value of 80 in the Shares%Owned account, ICP=holding (the holding company owns 80% of Entity 002), the system fills 80 in the DOWN account , ICP=A for Entity=Group1.