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JSC LATVIA BALSAMS (Registration number 40003031873)UNAUDITED CONDENSED FINANCIAL STATEMENTS for the first nine months of 2019 prepared in accordance with International Financial Reporting Standards
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01
Gather all the necessary financial information, including income statement, balance sheet, and cash flow statement.
02
Identify the key financial figures that need to be included in the condensed financial statements.
03
Use a template or software to input the financial data and organize it in a condensed format.
04
Summarize the financial information by grouping similar items together and calculating the totals for each category.
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Review the condensed financial statements for accuracy and make any necessary adjustments.
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Include any relevant notes or disclosures to provide additional context for the financial data.

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Small businesses or startups with limited resources who want to present their financial information in a more concise format.
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Investors or stakeholders who prefer to quickly review the financial performance of a company without going through lengthy financial statements.
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Condensed financial statements are not detailed financial reports that provide a summary of a company's financial position and performance.
Certain companies, usually publicly traded ones, are required to file condensed financial statements as a way to provide investors and stakeholders with a snapshot of their financial health.
Condensed financial statements can be filled out by summarizing the key financial information from the full financial statements, including the balance sheet, income statement, and cash flow statement.
The purpose of condensed financial statements is to provide a quick overview of a company's financial performance and position without requiring stakeholders to review extensive financial reports.
Condensed financial statements must include key financial figures such as net income, total assets, liabilities, and equity, as well as important ratios and metrics.
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