Unconsolidated Subsidiary

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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.
References in periodicals archive ?
According to Johnson, the plan to sell part of PNC's stake was aimed at meeting the capital needs under the new Basel III rules for banks that own minority interests in unconsolidated subsidiaries.
6 million to investments in unconsolidated subsidiaries and other items.
As a result, income before income taxes and minority interest in unconsolidated subsidiaries rose 6.
The FASB eliminated the "non-homogeneity exception" used in accounting for unconsolidated subsidiaries in consolidated financial statements when it issued SFAS 94 in late 1987.
Exposure is cross-border claims one a foreign country that includes deposits with banks, securities, loans, acceptances, and investments in unconsolidated subsidiaries.
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries
Moran recalls one company that had formed unconsolidated subsidiaries and then sent them money as needed.
Consequently, income before taxes, minority interest in unconsolidated subsidiaries and the cumulative effect of the accounting change was up 11.
Firms with significant unconsolidated subsidiaries may find their balance sheets drastically changed as the result of the implementation of SFAS 94.
Earnings from unconsolidated subsidiaries and investees relate to IOT's 10.
8% to $330 million, pretax profits before minority interest, equity in unconsolidated subsidiaries and the cumulative effect of the aforementioned accounting change advanced 18% to $2.
More disclosure may now be necessary to satisfy this requirement if consolidation of previously unconsolidated subsidiaries has resulted from the application of FASB Statement no.