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Annual report for the year ended 31 March 2021ContentsKey highlights for the FY21Chairmans report02Overview of Honeycomb performance06Board of directors08Report of the directors12Audit Committee report18Summarised

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How to fill out consolidated annual financial statements

01

Gather the financial statements of all subsidiary companies.

02

Eliminate intercompany transactions to avoid double counting.

03

Adjust for any differences in accounting policies across subsidiaries.

04

Add together the financial information from each subsidiary to create a consolidated statement.

Who needs consolidated annual financial statements?

01

Parent companies with one or more subsidiary companies.

02

Government agencies for regulatory purposes.

03

Investors and shareholders to get a more accurate picture of the group's financial health.

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What is consolidated annual financial statements?

Consolidated annual financial statements are a set of financial statements that combine the financial information of a parent company and its subsidiaries into one single document.

Who is required to file consolidated annual financial statements?

Publicly traded companies, as well as some privately owned companies with subsidiaries, are required to file consolidated annual financial statements.

How to fill out consolidated annual financial statements?

Consolidated annual financial statements are typically prepared by consolidating the financial information of the parent company and its subsidiaries using accounting principles such as GAAP or IFRS.

What is the purpose of consolidated annual financial statements?

The purpose of consolidated annual financial statements is to provide a complete and accurate picture of the financial health and performance of a company and its subsidiaries as a whole.

What information must be reported on consolidated annual financial statements?

Consolidated annual financial statements typically include balance sheets, income statements, cash flow statements, and notes to the financial statements.

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