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Get the free Consolidated Results of Operations (US GAAP), Second quarter, year ending March 2020

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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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01
Gather financial statements of all subsidiary companies.
02
Eliminate intercompany transactions to avoid double counting.
03
Combine the financial information from all subsidiaries into one set of consolidated financial statements.
04
Calculate the total revenues, expenses, and profits/losses for the entire group.
05
Present the consolidated results of operations in a clear and concise manner for stakeholders.

Who needs consolidated results of operations?

01
Shareholders and investors who want a complete picture of the financial performance of a group of companies.
02
Regulators and government agencies that require accurate and transparent financial reporting from corporate groups.
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Managers and executives who need to make strategic decisions based on the overall performance of the entire organization.
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Consolidated results of operations refers to the combined financial performance of a parent company and its subsidiaries.
Companies that have subsidiaries are required to file consolidated results of operations.
Consolidated results of operations can be filled out by combining the financial statements of the parent company and its subsidiaries.
The purpose of consolidated results of operations is to provide a comprehensive view of the financial performance of a company and its subsidiaries.
Information such as revenue, expenses, net income, and earnings per share must be reported on consolidated results of operations.
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