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INTEGRATED ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS TRUSTCO GROUP HOLDINGS LIMITEDTrustco Group Integrated Annual Report and Audited Financial Statements20201INVESTMENT PROFILE1.5 BILLIONInsurance
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How to fill out audited consolidated results for

01
Gather all financial statements from all subsidiaries and parent company.
02
Prepare consolidated financial statements by combining the financial information of all entities.
03
Verify the accuracy of the consolidated financial statements through auditing process.
04
Include audit report and audited financial statements in the final consolidated results.

Who needs audited consolidated results for?

01
Investors who want a clear picture of the overall financial health of a company and its subsidiaries.
02
Regulatory bodies who require accurate financial reporting for oversight purposes.
03
Lenders who need assurance of the company's financial stability before providing loans.
04
Managers who use consolidated results for strategic decision making.
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Audited consolidated results are financial statements that provide a comprehensive overview of a group's financial performance and position, incorporating the financials of all subsidiaries and associates.
Publicly listed companies and certain private companies with significant asset thresholds or revenues are typically required to file audited consolidated results.
To fill out audited consolidated results, companies must aggregate financial statements from all subsidiaries, adjust for intra-group transactions, and ensure compliance with accounting standards before submission.
The purpose of audited consolidated results is to provide stakeholders with an accurate and reliable representation of the company's overall financial health and performance.
Audited consolidated results must report details such as consolidated income statements, balance sheets, cash flow statements, notes to financial statements, and auditor's opinion.
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