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Destination BC Corp. Statements of Financial Information Fiscal Year Ended March 31, 2022Table of Contents 1. Financial Statements as at March 31, 20222. Statement of Indemnifications3. Schedule of

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How to fill out consolidated financial results for

01

Gather financial statements from all subsidiary companies.

02

Eliminate any intercompany transactions to avoid double counting.

03

Combine the financial statements of each subsidiary with the parent company.

04

Make adjustments for any differences in accounting methods or reporting periods between the parent and subsidiaries.

05

Prepare the consolidated financial statements, including the balance sheet, income statement, and cash flow statement.

Who needs consolidated financial results for?

01

Investors who want a comprehensive view of the overall financial health and performance of a group of companies.

02

Regulators who require consolidated financial results to ensure compliance with accounting standards and regulations.

03

Management of the parent company who needs to make strategic decisions based on the financial performance of the entire group.

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What is consolidated financial results for?

Consolidated financial results are used to provide a comprehensive view of the financial performance and position of a group of companies.

Who is required to file consolidated financial results for?

Companies that have subsidiaries or affiliated entities are required to file consolidated financial results.

How to fill out consolidated financial results for?

Consolidated financial results are typically filled out by combining the financial statements of the parent company with those of its subsidiaries.

What is the purpose of consolidated financial results for?

The purpose of consolidated financial results is to show the overall financial health and performance of a group of companies, rather than just individual entities.

What information must be reported on consolidated financial results for?

Consolidated financial results must include financial information such as revenues, expenses, assets, liabilities, and equity for all entities in the group.

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