Combined financial statement

Combined financial statement

A financial statement that merges the assets, liabilities, net worth, and operating figures of two or more affiliated companies. A combined statement is distinguished from a consolidated financial statement of a company and subsidiaries, which must reconcile investment and capital accounts.

Combined Financial Statement

1. A financial statement giving information on the assets, liabilities, profits, and losses of a corporation containing multiple companies. Each company's financial statement is given individually (that is, statements are not reconciled) and released together. This gives investors and shareholders an idea of the relative standing of each affiliated company and subsidiary, and thus the prospects for the corporation as a whole. It is important to note that a combined financial statement is different from a consolidated financial statement, which reconciles the numbers.

2. A service a bank provides to customers giving each a statement containing information on all accounts with the bank, not only one at a time.
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An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the combined financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall combined financial statement presentation.
SAS consolidates information from different legal entities into a combined financial statement.
While the consolidation of the Consolidated Entities does not have a net effect on the amounts of income before taxes, net income or partners' capital reported by the KKR Group, the consolidation does significantly impact other aspects of the combined financial statement presentation of the KKR Group.
iFinix is in the process of consolidating its audited financials with that of ProActive's and intends to file the combined financial statement as soon as possible.
The agency could issue a combined financial statement that incorporates the finances of U.
Model 1 proposes to report a portion of governmental fund equity as "budgetary fund balance" at both the TOP and combined financial statement levels.
ANCASTER, ON, March 25, 2015 /PRNewswire/ - On March 30, 2015, Stackpole International ("the Company") will release the audited combined financial statements and Annual Report for Stackpole International for the year ended December 31, 2014.
BASIS OF PRESENTATION The combined financial statements of the Society and Foundation have been prepared on the accrual basis.
BASIS OF PRESENTATION--The combined financial statements of the Society and Foundation have been prepared on the accrual basis.
In addition to our combined financial statements presented in accordance with GAAP, we use certain non-GAAP financial measures of our financial performance for the reasons described further below.
This administration is taking the necessary steps to ensure that the 2012-13 combined financial statements are filed on or before May 1, 2014, in compliance with the Commonwealth obligations under the applicable information disclosure regulations.
The Form 8-K/A also includes pro forma combined financial statements that give effect to the IVS acquisition.

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