Nedbank Group (JSE:NED) Other Income (Minority Interest) : R-164 Mil (TTM As of Jun. 2024)

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What is Nedbank Group Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Nedbank Group's Other Income (Minority Interest) for the six months ended in Jun. 2024 was R-63 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jun. 2024 was R-164 Mil.

Nedbank Group Other Income (Minority Interest) Historical Data

The historical data trend for Nedbank Group's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nedbank Group Other Income (Minority Interest) Chart

Nedbank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Minority Interest)

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-18.00

-55.00

-99.00

-164.00

-243.00

Nedbank Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-86.00	-78.00	-142.00	-101.00	-63.00

Nedbank Group Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-164 Mil.

Nedbank Group (JSE:NED) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Nedbank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (JSE:NED) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

NDBKY:USA NDBKF:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.

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