Consolidated Balance Sheet


Also found in: Financial, Acronyms.

Consolidated Balance Sheet

 

an accounting ledger used to summarize and check the total in bookkeeping accounts. Consolidated balance sheets are compiled for the accounts of synthetic and analytic accounting, and the totals obtained by both methods must agree. The consolidated balance sheet for synthetic accounting has indexes of debit and credit turnovers for the report period and balances for the beginning and end of the period. A paired comparison of totals confirms the correctness of entries in the bookkeeping accounts. In mechanized accounting, consolidated balance sheets are printed out in tabular form. The variant known as a matrix of balance sheet contains more detailed information and shows interrelationships.

References in periodicals archive ?
BBEIRUT: The consolidated balance sheet of investment banks operating in Lebanon expanded by 3.21 percent in 2014 to $4.11 billion, up from nearly $3.99 billion at the end of 2013, according to the weekly market watch issued by Credit Libanais.
Reid said that the transition serves as a strategic opportunity to deleverage his firm's consolidated balance sheet while enabling Sunrise Bank of Albuquerque to partner with a group possessing access to additional capital resources.
The report includes observations of the court and its professional opinion on the consolidated balance sheet for the state and the final accounts for ministries and government bodies for the fiscal year concluded on December 31, in addition to observations on other bodies under its responsibility.
The transactions also resulted in a significant increase in the public float of the company's common stock and improved the company's consolidated balance sheet by removing a $19.3M liability.
Endomones AB (STO:ENDO) announced on Friday that at the Annual General Meeting of shareholders held on 20 April 2017, the AGM resolved to adopt the profit and loss statement and the balance sheet for the parent company as well as the consolidated profit and loss statement and the consolidated balance sheet for the group for 2016.
The income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet were adopted.
The acquisition added over USD20bn of assets, including USD0.6bn of goodwill, and USD18bn of liabilities to CIT's consolidated balance sheet.
"Nevertheless, and upon conversion into the US dollar at the prevailing end of period exchange rate, the consolidated balance sheet of all seven banks shows a 23.63 per cent nine-month contraction up to September.
The consolidated balance sheet as at June 30, 2012 totaled NIS 362.1 billion, compared with NIS 356.7 billion at the end of 2011, an increase of 1.5%.
MANAMA: Bahrain's banking industry continued to grow in the second quarter of the year with the total consolidated balance sheet of all the banks increasing by 6.7 per cent since the end of March.
Total assets of RMB 47.0 billion, or $7.5 billion, and total liabilities of RMB 41.2 billion, or $6.6 billion, associated with Baidu's financial service business were reclassified to assets and liabilities held for sale on the condensed consolidated balance sheet as of March 31, 2018.
Total goodwill in Sanoma Group consolidated balance sheet will reduce from EUR1,663m to EUR947m.

Full browser ?