Condensed consolidating financial information who melyssa ford dating
Thus, a typical condensed financial statement will usually contain one line for revenues, cost of goods sold, expenses, financing income and net income.
Each line item on the condensed statement should match the total dollar amount for each subcategory found on the full financial statement.
Paragraph (i) of this section states the requirements for preparing the condensed consolidating financial information required by paragraphs (c), (d), (e) and (f) of this section.
Where paragraphs (b), (c), (d), (e) and (f) of this section specify the filing of financial statements of the parent company, the financial statements of an entity that is not an issuer or guarantor of the registered security cannot be substituted for those of the parent company.
Paragraphs (b), (c), (d), (e) and (f) of this section are exceptions to the general rule of paragraph (a)(1) of this section.
Only one of these paragraphs can apply to a single issuer or guarantor.
You may click on the Return to Top icon (coming soon) in the lower right and then the Return to Table of Contents link in the upper right of the document to return to this page.
Paragraph (g) of this section is a special rule for recently acquired issuers or guarantors that overrides each of these exceptions for a specific issuer or guarantor.