2pc of the consolidated balance sheet
at March-end, with an aggregate balance sheet of BD29.
Although debt is consolidated on the consolidated balance sheet
, it must be divided and allocated to each of the tracking stocks, which requires mathematical gymnastics and a dose of common sense.
Refer to the Notes to Pro Forma Consolidated Balance Sheet
for details of pro forma adjustments.
In light of the foregoing, the Company's consolidated financial statements, including the Company's consolidated balance sheet
, statement of operations, statement of stockholders' equity, statement of cash flows and the notes thereto, as of, and for the periods ended, March 31, 2006, and June 30, 2006, should no longer be relied upon.
The restatement includes a separate line item on the consolidated balance sheet
for the accounts payable related to its floor plan financing agreements which had previously been included in accounts payable-trade, and a restatement of payments made by the Company's floor plan facility to its suppliers from cash flows provided by operating activities to cash flows provided by financing activities.
2 million of debt from a long term liability to a current liability in the consolidated balance sheet
as of December 31, 2005.
The strength of the consolidated balance sheet
is excellent and continues to improve primarily as a result of improvement in its core property/casualty operating companies.
Aeroquest's consolidated balance sheet
remains strong with no debt, and net working capital of $3.
Adoption of the income statement and the balance sheet and the consolidated income statement and the consolidated balance sheet
As a result of a file conversion error, the Consolidated Balance Sheet
and Consolidated Profit and Loss Statement were missing the lower section of each page.