Principles of Consolidation. The consolidated financial statements include the accounts of the Company and its wholly owned and majority owned subsidiaries in Germany and Japan. Significant intercompany accounts and transactions have been eliminated in consolidation.
Appears in 2 contracts
Samples: Convertible Subordinated Debenture Amendment Agreement (Rockford Corp), Convertible Subordinated Debenture Purchase Agreement (Rockford Corp)
Principles of Consolidation. The consolidated financial statements include the accounts of the Company parent company and its wholly owned subsidiaries, all of which are wholly-owned. All material intercompany accounts, transactions and majority owned subsidiaries in Germany and Japan. Significant intercompany accounts and transactions profits have been eliminated eliminated. Investments in consolidationjoint ventures in which the Company has a 20% to 50% interest are accounted for using the equity method.
Appears in 1 contract
Samples: Financial Summary (Valspar Corp)
Principles of Consolidation. The consolidated financial statements include the accounts of the Company and its wholly wholly-owned and majority owned subsidiaries in Germany and Japansubsidiaries. Significant All significant intercompany accounts and transactions have been eliminated in consolidationthe accompanying consolidated financial statements.
Appears in 1 contract
Samples: Form 10 Registration (Infocure Corp)
