This video discusses the Income Statement account for Noncontrolling Interest and shows how to calculate it. When your company acquires more than 50% of another company but less than 100%, it must consolidate the target company. This means that the Net Income of each company is added together (after removing inter-company sales and making other adjustments) to create a Consolidated Net Income. Below Consolidated Net Income, however, there will be an additional line item that shows the income attributable to the noncontrolling shareholders. Below that line will appear the income attributable to the parent company.