Consolidated accounts: related pages
Associate company A company in which a group of companies has a substantial stake (typically 20%-50%) but not outright control.
Joint venture A business jointly controlled by two or more parties.
Minority interests Deduction made in a company's consolidated accounts for amounts attributable to minority shareholders in group companies.
Profit and loss account A financial statement that shows the profit or loss a company has made over a period of time.
Balance sheet The balance sheet shows what assets and liabilities the company has, and how the business is funded.
Proportionate Numbers that include each subsidiaries’ and associates’ numbers in proportion to the group shareholding in them. Often used by mobile telecoms companies.
Turnover The broadest measure of a company's sales. Often the same as revenue, but sometimes very much greater.
Exchange rate translation effects The effects exchange rates has on reported profits due to the consolidation of accounts in different currencies.
Copyright Graeme Pietersz © 2005-2019
