Unconsolidated Subsidiary

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.
References in periodicals archive ?
TAYC Capital Trust I is a Delaware Statutory Trust, and is an unconsolidated subsidiary of Taylor Capital Group Inc.
Malone says that, unlike the notorious off-balance sheet arrangements in the Enron debacle, "Polaris Acceptance is a straightforward partnership that's consolidated on Transamerica's balance sheet and is accounted for as an unconsolidated subsidiary on one line in Polaris' balance sheet and income statement.
The increase in net income for the second quarter and the six month period is a result of several factors, including the increased utilization of bottling capacity, the continued cost cutting measures implemented by the Company and the sharing of costs pursuant to several agreements entered into with Gopher State Ethanol, LLC an unconsolidated subsidiary.
an unconsolidated subsidiary in which Abakan owns a 34% direct interest and 27% indirect interest, and to satisfy general working capital requirements.
Also contributing to non-interest income in the 2015 period were increases in fees derived from debit card activity, sales of non-deposit products, mortgage banking and other loan activity and fee income from wealth management services, along with increased income from the Company's unconsolidated subsidiary.
Expenses decreased in large part due to the sharing of costs and expenses by the Company with its unconsolidated subsidiary, Gopher State Ethanol, the company reported.
As a consequence of one comment, the Company will amend its Annual Report on Form 10-K to include additional audited financial statements of American Rag Cie, LLC, an unconsolidated subsidiary of Tarrant Apparel Group, for the year ended December 31, 2005.
According to management, the increase in net income for the second quarter resulted from several factors, including continued cost cutting measures implemented by the Company and several agreements entered into with Gopher State Ethanol, an unconsolidated subsidiary.
Senior Housing Properties Trust (NYSE: SNH) has announced that SNH Capital Trust I, an unconsolidated subsidiary of SNH, will redeem all $27.
0 million capital trust offering on March 25, 2004 through its newly formed Delaware statutory business trust and wholly-owned unconsolidated subsidiary, MCBK Capital Trust I.
Also, McDermott's unconsolidated subsidiary, The Babcock and Wilcox Company exercised its option to extend the maturity date of its $227 million revolving credit facility by one year, to Feb.
Fairbanks is a 57%-owned, uncontrolled, unconsolidated subsidiary of TPG.