Consolidated statements offset the dividend distribution of subsidiaries.

This entry is actually an explanation of "undistributed profit-year-end" offset. Because consolidated statements include consolidated statement of changes in owner's equity, without this entry, it will be difficult for report users to understand how undistributed profits are offset.

Before this entry, it was an entry to offset the long-term equity investment and the owner's equity of the invested enterprise. The entry is as follows:

Borrow: share capital

Contributed surplus

Other comprehensive income

Excess function

Undistributed profit-year-end

business integrity

Loan: long-term equity investment

minority shareholders' equity

The entry you mentioned later is actually to break down "undistributed profit-year-end" again. According to the formula:

Undistributed profit at the end of the year = beginning of the year+increase this year-decrease this year.

Undistributed profit-the beginning of the year is the beginning of the year, which increases the investment income and minority shareholders' profits and losses, and reduces the withdrawal of surplus reserves and distribution to investors this year.