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Registration number: 2009/012871/06LA CONCORDE HOLDINGS LIMITED
NOTICE OF ANNUAL GENERAL MEETING
AND Summarized CONSOLIDATED
FINANCIAL STATEMENTS
for year ended 31 March 2018CONTENTSSummarised Consolidated
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01
Step 1: Gather all the necessary documents and financial statements related to the consolidation.
02
Step 2: Review the accounting policies and procedures for consolidation.
03
Step 3: Determine the parent company and the subsidiaries involved in the consolidation.
04
Step 4: Prepare the consolidation elimination entries to remove any intercompany transactions.
05
Step 5: Summarize the financial information of each subsidiary and the parent company.
06
Step 6: Calculate and record the non-controlling interest portion in the consolidated financial statements.
07
Step 7: Combine the financial information of all the entities to prepare the consolidated financial statements.
08
Step 8: Review and analyze the consolidated financial statements for accuracy and completeness.
09
Step 9: Disclose the necessary information in the notes to the consolidated financial statements.
10
Step 10: Obtain approval and sign-off from the relevant stakeholders and authorities.
Who needs and summarised consolidated?
01
Companies with subsidiaries that they control or own a significant portion of may need to prepare and present consolidated financial statements.
02
Investors and shareholders of the parent company or subsidiaries may require consolidated financial statements to assess the overall financial performance and position of the group.
03
Regulatory bodies and government agencies may require consolidated financial statements for compliance and monitoring purposes.
04
Lenders and creditors often request consolidated financial statements to evaluate the creditworthiness and financial stability of the entire group.
05
Analysts and financial professionals may use consolidated financial statements to analyze and compare the performance of the group against industry standards.
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What is and summarised consolidated?
Summarised consolidated financial statements present the key financial information of a group of companies in a condensed format.
Who is required to file and summarised consolidated?
Companies that have subsidiaries or other related entities and meet certain criteria are required to file summarised consolidated financial statements.
How to fill out and summarised consolidated?
Summarised consolidated financial statements are typically prepared by compiling the financial information of all related entities and presenting it in a summarized format.
What is the purpose of and summarised consolidated?
The purpose of summarised consolidated financial statements is to provide stakeholders with an overview of the financial performance and position of a group of companies.
What information must be reported on and summarised consolidated?
Key financial information such as revenue, expenses, assets, liabilities, and equity of all related entities must be reported on summarised consolidated financial statements.
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