The difference between the carrying amount of the
subsidiary’s net assets (including any unamortised
goodwill) attributable to the group’s interest before
and after the reduction, together with any proceeds
received, are recognised in the group profit or loss.
Where FRS 23 is not applied, exchange differences
related to foreign operations are not recycled. Where
FRS 23 is applied the requirements for recycling
differ to those in IAS 21. Recycling of other elements
recognised in the STRGL is not explicitly addressed.