Southern Company Distributions to noncontrolling interests increased by 233.3% to $60.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 34.1%, from $91.00M to $60.00M.
Changes reflect the profitability of joint ventures or partially owned subsidiaries and the company's policy regarding minority partner distributions.
Cash payments made to minority shareholders in subsidiaries that are consolidated in the company's financial statements....
Relevant for companies with complex organizational structures or significant joint venture operations.
cf_distributions_to_noncontrolling| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $67.00M | $91.00M | $147.00M | $97.00M | $18.00M | $60.00M |
| QoQ Change | — | +35.8% | +61.5% | -34.0% | -81.4% | +233.3% |
| YoY Change | — | — | — | — | -73.1% | -34.1% |