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20 24AND NOTICE OF ANNUAL GENERAL MEETING FOR THE YEAR ENDED 31 MARCH 2024SUMMARISED AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTSCONTENTS11 2 10 60 62 64Letter to shareholders Notice of Annual
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01
Gather all financial statements of the individual entities to be consolidated.
02
Prepare a consolidated balance sheet by adding the assets, liabilities, and equity of all the entities.
03
Create a consolidated income statement by combining the revenues and expenses of the individual entities.
04
Adjust for any intercompany transactions to avoid double counting.
05
Calculate any non-controlling interest in the consolidated financial statements.

Who needs summarised a udited consolid?

01
Companies that have multiple subsidiaries or entities under their control.
02
Government regulatory bodies that require consolidated financial statements for oversight.
03
Investors or shareholders who want a comprehensive view of the financial health of a group of companies.
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Summarised audited consolidation refers to a condensed version of the audited financial statements of a group of companies.
Companies that operate as a group and have multiple subsidiaries are required to file summarised audited consolidations.
Summarised audited consolidations can be filled out by compiling the financial information of all subsidiaries and presenting it in a condensed format.
The purpose of summarised audited consolidations is to provide stakeholders with a quick overview of the financial performance of a group of companies.
Summarised audited consolidations must include key financial figures such as revenue, expenses, profit, and assets of the group.
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