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SAF Tehnika A/S presents its consolidated interim financial results for the first quarter of the financial year 2007/08, including key financial data, management reports, and a detailed overview of

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How to fill out consolidated interim report

01

Gather all relevant financial data for the reporting period.

02

Prepare the trial balances of all subsidiaries and the parent company.

03

Eliminate intercompany transactions and balances to avoid double counting.

04

Consolidate revenues and expenses by summing up figures from all entities.

05

Record adjustments for non-controlling interests as necessary.

06

Ensure compliance with applicable accounting standards (e.g., IFRS, GAAP).

07

Prepare a consolidated balance sheet and income statement.

08

Review and verify calculations for accuracy.

09

Provide notes and disclosures for significant events during the interim period.

10

Submit the report to the relevant stakeholders.

Who needs consolidated interim report?

01

Management for internal reporting and decision-making.

02

Investors and shareholders to assess the financial performance.

03

Regulators for compliance with reporting requirements.

04

Creditors and lenders to evaluate creditworthiness.

05

Analysts for financial analysis and forecasting.

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What is consolidated interim report?

A consolidated interim report is a financial statement that presents the results of operations and the financial position of a parent company and its subsidiaries for a specific interim period, usually covering a quarter or half-year, combined into one report.

Who is required to file consolidated interim report?

Typically, publicly traded companies and other organizations that are required to consolidate their financial statements under applicable accounting standards (like IFRS or GAAP) are required to file consolidated interim reports.

How to fill out consolidated interim report?

To fill out a consolidated interim report, a company must aggregate the financial data of its subsidiaries, eliminate intercompany transactions, and present the consolidated financial statements, including the balance sheet, income statement, and cash flow statement, in accordance with the relevant accounting standards.

What is the purpose of consolidated interim report?

The purpose of a consolidated interim report is to provide stakeholders, including investors and management, with a comprehensive view of the financial performance and position of the entire corporate group at a given point in time, ensuring transparency and facilitating informed decision-making.

What information must be reported on consolidated interim report?

The information typically reported on a consolidated interim report includes consolidated revenue, profits or losses, expenses, assets, liabilities, equity, cash flows, and significant notes regarding changes in accounting policies or business operations that affect the financial results.

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