Get the free Consolidated Results of Operations (US GAAP), Second quarter, year ending March 2021

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FORM 6K U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549Report of Foreign Private Issuer Pursuant to Rule 13a16 or 15d16 of the Securities Exchange Act of 1934 Commission File Number:

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How to fill out consolidated results of operations

01

Gather financial statements for all subsidiaries

02

Eliminate intercompany transactions to avoid double counting

03

Add together the revenues and expenses of all subsidiaries

04

Adjust for any differences in accounting policies between subsidiaries

05

Prepare a consolidated income statement and balance sheet

Who needs consolidated results of operations?

01

Companies with multiple subsidiaries

02

Investors interested in the overall financial health of a corporation

03

Regulators requiring financial reporting for a corporate group

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What is consolidated results of operations?

Consolidated results of operations refer to the combined financial performance of a group of companies as if they were a single entity.

Who is required to file consolidated results of operations?

Companies that control other entities usually need to file consolidated results of operations.

How to fill out consolidated results of operations?

Consolidated results of operations can be filled out by combining the financial statements of each entity within the group.

What is the purpose of consolidated results of operations?

The purpose of consolidated results of operations is to provide a full picture of the financial performance of a group of companies.

What information must be reported on consolidated results of operations?

Information such as revenues, expenses, profits, and losses of each entity within the group must be reported on consolidated results of operations.

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