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PUBLIC ENTERPRISE ELEKTROPRIVREDA SABINE BELGRADE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 AND INDEPENDENT AUDITOR\'S REPORTCONTENTSAuditors report Consolidated Income
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01
Identify the entities to be included in the combined consolidated financial statements.
02
Gather the financial statements of each entity to be consolidated.
03
Eliminate any intercompany transactions to avoid double counting.
04
Adjust for any differences in accounting policies between the entities.
05
Summarize the financial information in a single set of combined consolidated financial statements.

Who needs combined consolidated financial statements?

01
Large corporations with multiple subsidiaries or entities.
02
Investors and stakeholders who want a comprehensive view of the financial health of the entire group.
03
Regulatory bodies that require consolidated financial statements for compliance purposes.
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Combined consolidated financial statements combine the financial results of multiple entities into one set of financial statements.
Companies that have subsidiaries or other entities under their control are required to file combined consolidated financial statements.
Combined consolidated financial statements are typically filled out by consolidating the financial data of the parent company and its subsidiaries using accounting standards.
The purpose of combined consolidated financial statements is to provide a comprehensive view of the financial performance of a group of companies under common control.
Combined consolidated financial statements must include information such as revenue, expenses, assets, liabilities, and equity of the parent company and its subsidiaries.
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