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Wazdan

7,445 Posts.

98

26/03/19

18:48

Post #: 37891299
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Originally posted by Nighthawk10000 ↑

The purpose of consolidated statements is to present, primarily for the benefit of the shareholders and creditors of the parent company, the results of operations and the financial position of a parent company and its subsidiaries essentially as if the group were a single company with one or more branches or divisions. There is a presumption that consolidated statements are more meaningful than separate statements and that they are usually necessary for a fair presentation when one of the companies in the group directly or indirectly has a controlling financial interest in the other companies.

SYT are just reporting according to the standards (AASB 10). Nothing more nothing less.

Being an SYT shareholder means being satisfied with the bare minumum.

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Originally posted by Nighthawk10000 ↑

Being an SYT shareholder means being satisfied with the bare minumum.

Expand

Being an SYT shareholder means being satisfied with the bare minumum
as you are
as you hold
well done

SYT Price at posting: 1.0¢ Sentiment: None Disclosure: Held
3 Upvote

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