Consolidated Financial Statements

Consolidated financial statements are combined reports that present the financial position and performance of a parent company and its subsidiaries as a single entity. Instead of showing each company's finances separately, these statements aggregate all relevant financial data to give a clearer overall picture of the entire corporate group’s health. This includes assets, liabilities, income, and expenses. By providing a comprehensive view, consolidated financial statements help investors, regulators, and stakeholders assess the overall financial strength and operational efficiency of the organization as a whole.