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Unconsolidated Subsidiary
(redirected from Unconsolidated Subsidiaries)

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Unconsolidated Subsidiary
A subsidiary whose financial statements are accounted differently from its parent company. That is, an unconsolidated subsidiary publishes its balance sheets, 10-K statements and other information separately. On the parent company's financials, an unconsolidated subsidiary is listed as an investment.


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This variance was primarily attributable to the following items: a $21-million increase in other income and deductions, net, primarily related to a non-cash value change associated with the embedded derivative within the Series A Convertible Redeemable Preferred Units; and an $18-million increase in income from unconsolidated subsidiaries primarily due to the acquisition of a 49.
These items were partially offset by a $14-million increase in income from unconsolidated subsidiaries due to a full quarter's operation of the Haynesville Expansion Project and the Red River Lateral, Regency's increased ownership interest in the Haynesville Joint Venture and the acquisition of a 49.
Segment income from unconsolidated subsidiaries and income from discontinued operations, which are both excluded from segment revenues but consistently have a meaningful impact on segment results, were -- on a combined basis -- also up slightly from 2004.
 
 
 
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