Net Income (Equity) Rule-Set

The Net Income (Equity) rule-set consists of two rules / journal detail lines.

This rule-set records the ongoing post-acquisition income of the equity method company as Equity Company Income in the Income Statement and records the other side of the entry in the Investment in Equity Companies Investment Income account. Note that this Equity Companies Investment Income account (in the Non-Current Assets section of the Balance Sheet) is distinguished from the "Equity Pickup" recorded at a legal company level. This entry is the equivalent of Equity Pickup but at a consolidated reporting level instead of a legal company reporting level.

This rule does not rely on any Intercompany data entry in order to execute. It will run at the first consolidation level (that is, the immediate parent).

Table 18-35 Net Income (Equity) (Rule-set)

Entry	Description
Condition	Entity Current Method = Equity and Total Data Sources < > 0
Factor	Current / Entity Ownership %
Dimension	Source POV
Account	Base of "FCCS_Retained Earnings Current", base of "FCCS_Other Reserves", "FCCS_CTA"
Intercompany	Base of "FCCS_Intercompany Top"
Movement	Base of "ILvl0Descendants([FCCS_ClosingBalance]" Excluding "FCCS_OpeningBalance"
Data Source	Base of "FCCS_TotalDataSource"

Table 18-36 Net Income (Equity) - Equity Company Income (Rule)

Entry	Description	Redirect Target Member
Condition	inherited
Factor	inherited
Processing Option	Add
Dimension	Source POV
Account	inherited	"FCCS_Equity Company Income"
Intercompany	inherited	#Source POV Entity
Data Source	inherited	"FCCS_Intercompany Eliminations"

Table 18-37 Net Income (Equity) - Investment in Equity Company Income (Rule)

Entry	Description	Redirect Target Member
Condition	inherited
Factor	inherited
Processing Option	Subtract
Dimension	Source POV
Account	inherited	"FCCS_Investment in Equity Companies - Income"
Intercompany	inherited	#Source POV Entity#
Data Source	inherited	"FCCS_Intercompany Eliminations"