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TANKER SKA NEXT GENERATION UNAUDITED FINANCIAL STATEMENTS FOR THE SECOND QUARTER AND THE FIRST SIX MONTHS OF 2021 2021 H₁ Q1H2 Q2Q3Q4ContentsComments from the CEO2Market environment4Results for
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Gather financial statements from all subsidiaries
02
Eliminate intercompany transactions to avoid double counting
03
Adjust for any differences in accounting policies between subsidiaries
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Calculate the amounts to be included in the consolidated financial statements
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Prepare the consolidated financial statements including balance sheet, income statement, and cash flow statement

Who needs consolidated financial results for?

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Investors who want a complete picture of a company's financial health
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Creditors who need to assess a company's ability to repay debts
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Consolidated financial results are used to provide a comprehensive view of the financial performance of a group of companies.
Companies that have subsidiary companies or affiliates are required to file consolidated financial results.
Consolidated financial results are typically filled out by combining the financial information of the parent company with that of its subsidiaries.
The purpose of consolidated financial results is to present a more accurate picture of the overall financial health and performance of a group of companies.
Consolidated financial results must include financial information from the parent company, as well as its subsidiaries and affiliates.
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