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Consolidation of financial statements

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dear all, our company is the holding company and we are having three subsidaries in the financial year 2014-15 and where as in 2013-14 our company has only one subsidaries. my question is how we need to present the financial data of both the companies in the financial statements. As we need to present the last year data in the financial statements. would it anyway effect the cash flow statements and comparision of financial statements concept. please suggest me how to present the financial statements in preparing consolidation of financial statements?
Replies (1)

You can present your financial statement like this 

                                               FY 2015                                    FY 2014

                       ( All subsidiaries)    Like to like subsidiary         Like to like subsidiaries

Heads of accounts   

Total Assets

Total Liability


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