Need help with consolidating financial statements pros and cons of christian dating

hi, I need some urgent help to consolidate subsidiaries financial statements to parent financial statements. Income statement: Simple addition of the Parent and Sub for each line items.Income Statement Revenue Minus: Operating Costs ( excl.DD&A) Minus: SG&A Minus: Other Expenses EBITDA Minus: DD&A Minus: Interest Minus: Tax Net Income Minus: Minority Interests Net Earnings to Common Shareholders 2.Cash Flow: simple addition of the parent and sub in operating cash flow calculation, then expect to consolidate the investment cash flow and financing cash flow; Cash Flow Net Earnings Add: non-cash expenses such as DD&A, etc.Changes in Working Capital (A) OPERATING CASH FLOW CAPEX Asset Sales Other Investing Activities (B) INVESTING CASH FLOW Net Equity Fianncing Net Debt Financing Capital Contribution by Minority Interest Common/Preferred Dividends Dividends paid to Minority Interest Other Financing Activitids (C) FINANCING CASH FLOW Net Change in Cash = A + B + C Add: Beginning Cash Balance Ending Cash Balance 3.Balance Sheet: Simple addition of the parent and sub of all line items expect the common shareholder’s equity account Balance Sheet Cash and ST Investment Other ST Investment Total Current Assets PP&E (A) TOTAL ASSETS Short-term Borrowing Total Current Liabilities Long-term Debt (B) TOTAL LIABILITIES (C) MINORITY INTEREST (D) COMMON SHAREHOLDER’S EQUITY Total Liabilities & Equity = B + C + D Check: A = B + C + D 4.Shareholder’s equity: Calculates the retained earnings by adding the combined net income and distracting re-calculated dividend to common shareholders Shareholder’s Equity (A) Share Capital Beginning Retained Earnings Add: Net Earnings to Common Minus: Dividend Paid to Common (B) Ending Retained Earnings Common Shareholder’s Equity = A + B Adjustment needed: 5.

IEspeically, when I have done no adjustment in parent level as mentioned in 5)? Anyone who is good at consolidating financial statements, please jump in and shed lights. This site uses cookies to provide you with a more responsive and personalised service.By using this site you agree to our use of cookies.Please read our cookie notice for more information on the cookies we use and how to delete or block them.

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