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

Article 8. Consolidated Surplus Statement The consolidated surplus statement must be prepared using as the base thereof the monetary amount of the items noted in the income statement of the consolidated companies in relation to the period corresponding to the consolidated business year of the company filing the consolidated financial statements, that are the confirmed items of the appropriation of profits or disposition of loss of the consolidated companies during the period corresponding to the said consolidated business year, and related to the increase or decrease in other surplus or deficit which are entered in the consolidated balance sheet based on the provisions of Article 42, Paragraph 1, or Paragraph 2 and must show the substance of the increase or decrease of the said other surplus or deficit during the said consolidated business year. Provided, however, concerning the appropriation of profits or disposition of losses, it can be based on the monetary amount of the appropriation of profits or the disposition of losses in relation to the business year corresponding to the said consolidated business year.