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Consolidated Interim Financial Statements (NonAudited) TRANSELEC S.A. AND SUBSIDIARY Santiago, Chile As of March 31, 2019 and as of December 31, 2018ConsolidatedInterimFinancialStatements(NonAudited)
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How to fill out consolidated interim financial statements

01
Gather financial data from all subsidiary companies.
02
Eliminate intercompany transactions to avoid double counting.
03
Calculate non-controlling interest in subsidiary companies.
04
Prepare consolidated financial statements including balance sheet, income statement, and cash flow statement.
05
Disclose any significant events or transactions that may impact the consolidated financial statements.

Who needs consolidated interim financial statements?

01
Parent companies with subsidiaries
02
Investors and stakeholders interested in the overall financial health of a group of companies
03
Regulatory authorities requiring financial reporting for conglomerates
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Consolidated interim financial statements are financial statements that present the financial position and performance of a group of companies, consisting of the parent company and its subsidiaries, for a specific interim period, usually covering less than a year.
Companies that are publicly traded or have obligations to prepare consolidated financial statements under accounting frameworks like IFRS or GAAP are typically required to file consolidated interim financial statements.
To fill out consolidated interim financial statements, organizations should gather financial data from all subsidiaries, eliminate inter-company transactions, and prepare the consolidated income statement, balance sheet, and cash flow statement as per the applicable accounting standards.
The purpose of consolidated interim financial statements is to provide a clear view of the financial health and performance of a corporate group as a single entity, allowing stakeholders to make informed decisions.
Consolidated interim financial statements must include information such as consolidated income, expenses, net profit or loss, the consolidated balance sheet as of the reporting date, cash flows from operating, investing, and financing activities, and notes that provide additional context.
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