Consolidating Financial Statements definition
Consolidating Financial Statements means, with respect to any accounting period for any Person, a balance sheet of such Person and its Subsidiaries as of the end of such period, and statements of income, retained earnings, shareholders' equity or partners' capital and cash flows of such Person and its Subsidiaries for such period, setting forth in each case in comparative form figures as of the last day of, and for, the corresponding period in the preceding fiscal year, if such period is less than a full fiscal year or, corresponding figures as of the last day of, and for, the preceding fiscal year, all prepared in reasonable detail and on a consolidating basis in accordance with GAAP consistently applied, reflecting balance sheet, income statement and cash flow items for each of such Person and its Subsidiaries and intercompany eliminations.
Consolidating Financial Statements means, for any fiscal period, the unaudited consolidating statements of financial position and income for the corporate office and principal operating centers of the Company and the Subsidiaries substantially in the form of the consolidating financial statements for such corporate office and principal operating centers as at and for Northrop Operating's fiscal year ended December 31, 1999 heretofore delivered to the Lenders.
Consolidating Financial Statements means a consolidating balance sheet and related consolidating statements of operations (in each case with a separate column for each of the Company, the Guarantors on a combined basis, the Excluded Subsidiaries on a combined basis, consolidating adjustments and the total consolidated amounts) as of the applicable date and for the applicable periods;
Examples of Consolidating Financial Statements in a sentence
As a result of the limited assets and liabilities at the parent company level, separate financial statements have not been presented for Thermadyne Holdings Corporation except as shown in Note 20, Condensed Consolidating Financial Statements.
The accompanying Notes to Condensed Consolidating Financial Statements are an integral part of these balance sheets.
Such Consolidating Financial Statements present fairly, in all material respects, the information contained therein, on a basis consistent with the Financial Statements.
The Consolidating Financial Statements present fairly the financial position of the Subsidiaries as of the date thereof, and the related results of their operations for the periods then ended.
Acquiror shall be permitted to dispute amounts reflected in the Interim Earnings Statement only on the basis that such amounts were not arrived at in a manner consistent with the preparation of the corresponding amounts set forth in the Consolidating Financial Statements used to prepare the Reference Earnings Statement and the previously delivered Interim Earnings Statements, or on the basis of arithmetic error.
More Definitions of Consolidating Financial Statements
Consolidating Financial Statements means, as at the end of and for any period, separately presented financial statements for the optical infrastructure business and the internet infrastructure services business of the Company and its Subsidiaries, setting out the revenues, gross margins and property, plant and equipment for each such business as at the end of and for such period.
Consolidating Financial Statements means consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) (which may be in footnote form only) from the consolidated financial statements of Insight and its Subsidiaries (it being agreed that no such Consolidating Financial Statements shall be required to be audited).
Consolidating Financial Statements means, with reference to any financial statements referred to herein, as applied to the accounts of the Parent and its Subsidiaries, collectively, (i) the consolidated financial statements and balance sheet of the Parent and its Domestic Subsidiaries, (ii) the consolidated financial statements and balance sheet of the Foreign Subsidiaries, and (iii) an accounting in respect of the intercompany adjustments made as between the consolidated financial statements and balance sheet of the Parent and its Domestic Subsidiaries and the consolidated financial statements and balance sheet of the Foreign Subsidiaries.
Consolidating Financial Statements means the Consolidating Balance Sheet and the related consolidating statements of profit and loss, cash flow and surplus of the Borrower and Guarantors and each Subsidiary of the Borrower and Guarantors showing all eliminations of inter-company transactions contained in the Consolidated Financial Statements and prepared in accordance with GAAP.
Consolidating Financial Statements means, to the extent reasonably available to Parent, and in each case unaudited and internally prepared, (1) the most recent (and in any event as of no longer than 90 days prior to the Closing Date) unconsolidated balance sheet of each Transferred Company and Transferred JV and (2) the most recent (and in any event as of no longer than 90 days prior to the Closing Date) consolidated balance sheet of each Transferred Company and its Subsidiaries and the most recently available consolidated statement of income of each Transferred Company and its Subsidiaries covering the prior four quarter period (and in any event such period not ending more than 90 days prior to the Closing Date).
Consolidating Financial Statements means financial statements that show the accounting for each related legal entity side-by-side, then set forth current inter-company transactions, and finally, consolidated figures.
Consolidating Financial Statements means the consolidating balance sheet and related statements of operations of (i) the Borrower, (ii) CFS-Suntech Servicing LLC, (iii) the Securitization Subsidiaries, taken as a whole, (iv) after consummation of the Acquisition, eGrad Inc. and (v) the remaining Subsidiaries of the Borrower, taken as a whole.