Percentage of Elbe’s net income (in thousands) = 30% × €12,375 = €3,712.5
Minus amortization of the excess value of tangible assets at acquisition €105.0
Investment income = €3,607.5
Can somebody explain why we deduct the amortisation of excess value for the calculation of investment income? I was under the understanding that this is only done for calculating carrying value on the Balance Sheet or Goodwill.