TERMINOLOGY, FORMS & METHODS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS. COPYRIGHT RODERICK SEEMAN

Article 6. Consolidated Balance Sheet

The consolidated balance sheet must be prepared using as the base thereof the monetary amount of the assets, liabilities and capital of the balance sheets of consolidated companies, (concerning consolidated subsidiaries which settle their accounts based on the main text provisions of Article 12, the balance sheet in relation to that settlement.) in relation to the term corresponding to the consolidated business year of the company filing the consolidated financial statements.