REALPAC Adjusted Cashflow From Operations (ACFO) for IFRS

This publication provides updated guidance for REALPAC ACFO, effective as of January 1, 2023.  This January 2023 revision expands the adjustment for non-controlling interest (NCI) to include an adjustment to deduct NCI for consolidated investments in entities that have puttable units classified as financial liabilities under IAS 32, where the NCI has not been deducted as a result of being treated as a liability rather than equity.