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Get the free Consolidated Results of Operations (US GAAP), First quarter, year ending March 2019

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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 from each subsidiary company.
02
Eliminate intercompany transactions to avoid double counting.
03
Add up the revenue, expenses, assets, and liabilities of all subsidiary companies.
04
Adjust for any minority interests to reflect the parent company's controlling interest.
05
Prepare consolidated financial statements including consolidated income statement, balance sheet, and cash flow statement.

Who needs consolidated results of operations?

01
Investors who want to get a complete picture of a company's financial performance.
02
Regulators who require consolidated financial statements for compliance purposes.
03
Management who needs to make strategic decisions based on the overall financial position of the group.
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Consolidated results of operations refer to the financial performance of a group of companies as a single entity, where the financial results of the parent company and its subsidiaries are combined.
Companies with subsidiary entities are typically required to file consolidated results of operations.
Consolidated results of operations are typically 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 group of companies.
Consolidated results of operations must include revenue, expenses, net income, and other financial metrics for the group of companies.
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