Question - Marzi AG had the following investments in shares of other companies on December 31, Year 1:
COMPANY STATUS % VOTING RIGHTS COMMENTS
Elena Domestic 100% Operations differ from those of Marzi AG and other subsidiaries
Barbara Domestic 45% No other shareholder owns more than 0.1% of the voting rights
Arina Foreign 30% Arina has incurred a net operating loss three years in a row
Sophia Domestic 100% Sophia is under jurisdiction of bankruptcy court
Kristen Domestic 100% Operations are immaterial to those of Marzi AG
Layla Domestic 40% Management control contract provides Marzi AG with effective control
Sara Domestic 90% Marzi AG intends to sell one-half of its investment in Sara but not yet actively seeking a buyer
Sahar Foreign 50% Sahar is jointly owned with another company
Sepeed Foreign 15% No other shareholder owns more than 10% of the voting shares
Shaghi Foreign 70% Marzi AG can no longer bring home its dividends due to the host government passed a ban on repatriation of dividends
Elizabeth Domestic 51% Remaining 49% is owned by another company.
Determine the appropriate method for including each of these investments in Marzi AG's consolidate financial statements in accordance with: IFRS U.S. GAAP.