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Table of ContentsUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___ FORM10Q ___ QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For
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To fill out condensed consolidated statements of, follow these steps:
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Gather all the necessary financial information for the relevant reporting period.
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Start with the balance sheet. Enter the beginning balances at the start of the reporting period and then record the changes in each line item.
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Move on to the income statement. Record the sales revenue, cost of goods sold, and operating expenses for the reporting period.
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Calculate the net income by subtracting the operating expenses from the gross profit.
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Enter any other comprehensive income items, such as gains or losses from foreign currency translation.
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Complete the statement of cash flows by recording the cash inflows and outflows from operating, investing, and financing activities.
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In summary, anyone with an interest in the company's financial performance and position may need to refer to condensed consolidated statements.

What is Condensed Consolidated Statements of Income for the three and six months ended June 30, 2016 and 2015 Form?

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Condensed consolidated statements are financial statements that summarize the financial position and operations of a parent company and its subsidiaries in a concise format, typically consisting of a balance sheet and income statement.
Publicly traded companies and other entities with reporting requirements are usually required to file condensed consolidated statements, particularly if they have control over one or more subsidiaries.
To fill out condensed consolidated statements, gather financial data from the parent and all subsidiary entities, eliminate intercompany transactions, and structure the data into standardized formats for the balance sheet and income statement.
The purpose of condensed consolidated statements is to provide stakeholders, including investors and regulators, with a clear and concise overview of the financial health of a group of companies under common control.
Condensed consolidated statements must report total assets, liabilities, and equity, as well as revenue, expenses, and net income for the group as a whole, while ensuring that intercompany transactions are eliminated.
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