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TRC SYNERGY BROAD Condensed Consolidated Statement of Comprehensive Income for the quarter ended 30 September 2012 Current quarter ended 30/9/12 RM Comparative quarter ended 30/9/11 RM 9 months cumulative

How to fill out condensed consolidated statement of

How to fill out a condensed consolidated statement of:

1. Start by gathering all necessary financial statements from subsidiary companies. This includes balance sheets, income statements, and cash flow statements.
2. Consolidate the financial statements by adding up the corresponding line items from each subsidiary. This will give you a combined view of the company's financial position and performance.
3. Eliminate any intercompany transactions or balances. These are transactions or balances between subsidiaries that need to be removed to avoid double-counting.
4. Adjust for any differences in accounting policies between subsidiaries. If different subsidiaries use different accounting methods or principles, adjustments need to be made to ensure consistency in the consolidated statement.
5. Calculate the non-controlling interest. If the company does not own 100% of a subsidiary, a portion of the subsidiary's net income or loss needs to be allocated to non-controlling shareholders.
6. Prepare the condensed consolidated statement by presenting the consolidated financial information in a concise and easy-to-understand format. This typically includes a condensed balance sheet, condensed income statement, and condensed cash flow statement.

Who needs a condensed consolidated statement of:

1. Investors: Investors, especially those with significant holdings in a company, rely on condensed consolidated statements to assess the overall financial health and performance of the consolidated entity.
2. Regulatory authorities: Regulatory bodies often require companies to submit condensed consolidated statements as part of their reporting obligations. These statements provide a comprehensive overview of the company's financial position and performance for regulatory purposes.
3. Lenders and creditors: Lenders and creditors need condensed consolidated statements to evaluate the company's ability to repay loans and fulfill its financial obligations. They use these statements to assess the creditworthiness and risk profile of the consolidated entity.
4. Management and internal stakeholders: The management team and internal stakeholders use condensed consolidated statements to make informed decisions about the company's financial strategies, resource allocation, and future growth plans. These statements provide a holistic view of the company's financial position across its subsidiaries.

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What is condensed consolidated statement of?

The condensed consolidated statement of is a financial document that combines the financial information of a parent company and its subsidiaries into one statement.

Who is required to file condensed consolidated statement of?

Publicly traded companies are required to file condensed consolidated statements of as part of their financial reporting obligations.

How to fill out condensed consolidated statement of?

To fill out a condensed consolidated statement of, a company must gather financial information from all its subsidiaries, adjust for intercompany transactions, and present the consolidated results in a condensed format.

What is the purpose of condensed consolidated statement of?

The purpose of a condensed consolidated statement of is to provide investors and stakeholders with a clear overview of the financial performance and position of a company and its subsidiaries.

What information must be reported on condensed consolidated statement of?

The condensed consolidated statement of must report key financial information such as revenue, expenses, net income, assets, liabilities, and equity for the parent company and its subsidiaries.