Every investor must decide, investee by investee, whether it is a parent, by asking whether it controls. Control exists only when the investor holds power over the investee, is exposed to or entitled to returns that vary with the investee's performance, and can use that power to change the size of those returns. The judgment draws on every relevant fact and circumstance. Where several investors can direct the relevant activities only by acting together, none of them controls and each accounts for its interest under AASB 11, AASB 128 or AASB 9. The conclusion is revisited whenever facts suggest that power, exposure to returns or the link between them has changed, for example through a change in decision rights, the lapse of another party's rights, or a market event; a change in market conditions alone does not alter control unless it changes one of the elements.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.