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Tats financiers consolids Del\'Hp ital d\'Ottawa 31 mars 2014L\'Hp ital d\'Ottawa 31 mars 2014Table DES matures Rapport de l\'auditor ind pendant .....................................................................................................................
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Gather financial information from all subsidiary companies.
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Eliminate intercompany transactions to avoid double counting.
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Combine the financial information of all subsidiaries with the parent company.
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Adjust for any non-controlling interests.
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Prepare the consolidated balance sheet, income statement, and cash flow statement.

Who needs consolidated financial statements of?

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Companies with subsidiaries that they have a controlling interest in.
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Consolidated financial statements show the financial results of a group of companies as a single entity.
Parent companies with subsidiaries are required to file consolidated financial statements.
Consolidated financial statements are prepared by combining the individual financial statements of the parent company and its subsidiaries.
The purpose of consolidated financial statements is to provide a comprehensive view of the financial position and performance of a group of companies.
Consolidated financial statements must include the financial data of the parent company and its subsidiaries, as well as any adjustments for intercompany transactions.
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