Subsidiary: related pages
Consolidated accounts
Financial statements prepared for a group as a whole.
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.
Parent company
A company that owns subsidiaries is the parent company of the latter.
Turnover
The broadest measure of a company's sales. Often the same as revenue, but sometimes very much greater.
Copyright Graeme Pietersz © 2005-2019
