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Revised October 2018 Decision FILED 12/21/18BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF04:59 PM CALIFORNIA Application of Southern California Edison Company (U338E) for Approval of Energy
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What is consolidated?
Consolidated financial statements combine the financial results of multiple separate legal entities.
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Parent companies with one or more subsidiaries are required to file consolidated financial statements.
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The purpose of consolidated financial statements is to provide a comprehensive view of the financial health of a group of related companies.
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Consolidated financial statements must include the assets, liabilities, revenues, and expenses of the parent company and all its subsidiaries.
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