NONCONTROLLING INTERESTS

9 Months Ended

Mar. 31, 2014

NONCONTROLLING INTERESTS

The Company has the right to purchase the noncontrolling interests (“NCI”) in certain subsidiaries from the NCI holders (each such right, a “Call right”) at certain points in time. On August 23, 2013, the Company exercised its Call right for 7% of a certain Hong Kong subsidiary from the NCI holder and it consummated the purchase on January 10, 2014 for $4.4. The $4.4 is recorded as a reduction to Additional paid-in capital (“APIC”) and NCI of $4.2 and $0.2, respectively. The effect of the change in the ownership percentage of the NCI on Net income attributable to Coty Inc. is presented below:



	Three Months Ended March 31,					Nine Months Ended March 31,
	2014			2013		2014			2013

Net (loss) income attributable to Coty Inc.	$	(253.3	)	$	20.4	$	(77.3	)	$	230.3

Decrease in APIC for purchase of 7% of an NCI	(4.2		)	—		(4.2		)	—

Net (loss) income attributable to Coty Inc. and transfers from NCI	$	(257.5	)	$	20.4	$	(81.5	)	$	230.3

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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