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United States Court of Appeals FOR THE DISTRICT OF COLUMBIA CIRCUIT Argued March 26, 2009, Decided June 12, 2009, No. 081196 WESTER ENERGY, INC., ET AL., PETITIONERS v. FEDERAL ENERGY REGULATORY COMMISSION,
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Consolidated with 08-1205 refers to the process of combining the financial information of multiple entities into one single financial statement for reporting purposes.
Entities that are under common control or ownership, such as subsidiaries of a parent company, are required to file consolidated financial statements with 08-1205.
To fill out consolidated with 08-1205, entities need to aggregate the financial information of all related entities, eliminate inter-company transactions, and adjust for any differences in accounting policies.
The purpose of filing consolidated with 08-1205 is to provide a more accurate and comprehensive view of the financial position and performance of a group of related entities.
The consolidated with 08-1205 must report the combined financial information, including assets, liabilities, equity, income, expenses, and cash flows of all related entities.
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