As required by SEC Regulation G, reconciliations of these measures to amounts reported in FCX's consolidated financial statements
are in the supplemental schedules of this press release, which are also available on FCX's website, "fcx.com."
At the coming extraordinary general meeting of shareholders, we will present "the business report and the consolidated financial statements
for the 108th business term, and reports on the auditing results from the accounting auditor and the Audit & Supervisory Board" and "reports on the non-consolidated financial statements."
This necessity is accomplished by the consolidated financial statements
, which present the financial information on the group as a single enterprise.
GAO annually audits the consolidated financial statements
of the U.S.
* Because GAAP requires consolidated financial statements
to reflect the fair value of an acquiree's identifiable assets and liabilities at acquisition, separately issued financial statements should also reflect this fair value to be symmetrical with the consolidated statements.
Anan Sirimongkolkasem, chairman of the executive committee said: "The consolidated financial statements
of the Company and its subsidiaries for the second quarter of 2010 showed net profit of 286.62 million Baht or equivalent to 0.23 Baht per share.
GAO still cannot accurately assess federal financial statements: The Government Accountability Office says it is still impossible for it to render an opinion on the consolidated financial statements
of the federal government (other than the statement of social insurance) "because of widespread material internal control weaknesses and other limitations." In a statement, GAO says that while federal financial management has improved significantly since the government began preparing consolidated financial statements
, "for the 13th year in a row now shortcomings in three areas again prevented us from expressing an opinion."
As IFRSs are continuing to move toward the economic-unit concept for preparing consolidated financial statements
(IFRS No.3, 2008; IAS No.27, 2008), Japanese GAAP is also moving toward the same direction.
160, Noncontrolling Interests in Consolidated Financial Statements
. Effective for fiscal years beginning after Dec.
Listed companies with 2 trillion won or more in assets will be required to file consolidated financial statements
from 2011, while other listed firms from 2013.
This restructuring excludes the impact of any non-recourse debt related to these assets because it already is included in Forest City's consolidated financial statements
The annual report of the Government of Alberta released June 26, 2006 contains the Minister of Finance's accountability statement, the consolidated financial statements
of the province and a comparison of the actual performance results to desired results set out in the government's business plan, including the "Measuring Up" report.