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B&N BANK (ROOTSTOCK COMPANY) Consolidated Financial Statements For the Year Ended December 31, 2010 B&N BANK (ROOTSTOCK COMPANY) TABLE OF CONTENTS Page STATEMENT OF MANAGEMENTS RESPONSIBILITIES FOR
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3112 consolidated financial statements refer to financial statements that combine the financial information of a parent company and its subsidiaries into a single set of statements.
Companies that have subsidiary companies are required to file 3112 consolidated financial statements.
To fill out 3112 consolidated financial statements, companies need to gather financial information from all their subsidiary companies and consolidate them into a single set of statements following the applicable accounting standards.
The purpose of 3112 consolidated financial statements is to provide a comprehensive view of the financial position, performance, and cash flows of a group of companies, including the parent company and its subsidiaries.
3112 consolidated financial statements must include information such as the combined assets, liabilities, equity, revenues, and expenses of the parent company and its subsidiaries.
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