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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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RECLASSIFICATIONS--Certain prior year expenses have been reclassified to conform to the current year combined financial statement and supplementary information presentation.
The agency could issue a combined financial statement that incorporates the finances of U.S.
Model 1 proposes to report a portion of governmental fund equity as "budgetary fund balance" at both the TOP and combined financial statement levels.
The affordable housing facilities are not included in the combined financial statements since controlling financial interest rests with HUD due to mortgage and related HUD restrictions on the properties.
The amendment includes unaudited pro forma condensed combined financial statements which illustrate the financial impacts of the spin-off and related transactions, financial information of Veoneer for the first quarter of 2018 and information regarding certain expected directors of Veoneer following completion of the spin-off.
The Combined Financial Statements of the federation, all provincial governments and district authorities for the years 2010-11 to 2013-14 were also placed before the Federal Cabinet for perusal.
The Make-A-Wish endowment began the year at $58.1 million and crated at $63.1 million, investment income was reported as $1.4 million, with net appreciation of $1.8 million, along with contributions of $2.7 million, according to combined financial statements. Some $1.1 million was appropriated for spending.
The unaudited pro forma combined financial statements as of and for the three months ended March 31, 2015 and non-IFRS adjusted metrics for the three months ended 31 March 2015 present on a pro forma basis the combined businesses of QIWI and CIHRUS, including the Contact and Rapida businesses, for the first quarter 2015.
presenting consolidated or combined financial statements in place of financial statements of individual entities.
Combined financial statements. The description of combined financial statements should be retained in the "IFRS for Private Entities," with some additional guidance added.
The planned merger will ''exert little financial impact on the two banks' combined financial statements, given that the merger plan includes no additional capital, and that no substantial increase in credit costs is expected,'' Moody's said.

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