{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/810/930/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"810","topic_title":"Consolidation","subtopic":"810-930","subtopic_title":"Extractive Activities—Mining","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Proportionate Consolidation","paragraphs":[{"citation":"810-930-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_E6242BE4-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Paragraph <a href=\"/asc/810/10/#810-10-45-14\" class=\"xref\">810-10-45-14</a> explains that a proportionate gross financial statement presentation is not appropriate for an investment in an unincorporated legal entity accounted for by the equity method of accounting unless the investee is in either the construction industry (see paragraph <a href=\"/asc/810/910/#810-910-45-1\" class=\"xref\">910-810-45-1</a>) or an extractive industry (as discussed in this Topic and paragraph <a href=\"/asc/810/932/#810-932-45-1\" class=\"xref\">932-810-45-1</a>). </span></span><span class=\"sfragment\" id=\"sfr_E6243013-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">As indicated in that paragraph, an entity is in an extractive industry only if its activities are limited to the extraction of mineral resources (such as oil and gas exploration and production) and not if its activities involve related activities such as refining, marketing, or transporting extracted mineral resources. </span></span></div></div>","snippet":"Paragraph 810-10-45-14 explains that a proportionate gross financial statement presentation is not appropriate for an investment in an unincorporated legal entity accounted for by the equity method of accounting unless t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49b331d1873c9ff058788a22844bcc75cad40bf81915937cf8909fad623f0055","downloaded_from":"2026-09-10T01:31:02.882Z","last_downloaded_at":"2026-09-10T01:31:02.882Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478374","source_sha256":"b0e669b069c6f4d0c2ea85601a2886e5f2c39d761d45f81a4225b940ad3e4ef3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d780904cf1f6d60cd5a20f120cbf5265ce34b7f61fae56ad12659fb5d348e890","downloaded_from":"2026-09-10T01:31:02.882Z","last_downloaded_at":"2026-09-10T01:31:02.882Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478374","source_sha256":"b0e669b069c6f4d0c2ea85601a2886e5f2c39d761d45f81a4225b940ad3e4ef3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9206f2789477c20d431a57716fa1923056068662c2bbcdda43863b3260e30efb","downloaded_from":"2026-09-10T01:31:02.882Z","last_downloaded_at":"2026-09-10T01:31:02.882Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478374","source_sha256":"b0e669b069c6f4d0c2ea85601a2886e5f2c39d761d45f81a4225b940ad3e4ef3"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9206f2789477c20d431a57716fa1923056068662c2bbcdda43863b3260e30efb","downloaded_from":"2026-09-10T01:31:02.882Z","last_downloaded_at":"2026-09-10T01:31:02.882Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478374","source_sha256":"b0e669b069c6f4d0c2ea85601a2886e5f2c39d761d45f81a4225b940ad3e4ef3"}}