konsernitilinpäätöksiin

A konsernitilinpäätös, or consolidated financial statement, is a financial report that presents the financial performance and position of a parent company and its subsidiaries as if they were a single economic entity. This consolidation process combines the individual financial statements of all group companies, eliminating intercompany transactions and balances to provide a true and fair view of the entire group's financial situation. The primary purpose is to offer stakeholders, such as investors, creditors, and regulators, a comprehensive understanding of the group's overall profitability, assets, liabilities, and cash flows.

The preparation of a konsernitilinpäätös involves several key steps. Firstly, the financial statements of all entities within the group are brought to a common accounting basis and currency. Secondly, intercompany transactions, such as sales, loans, and dividends between group companies, are eliminated to avoid double-counting and misrepresentation. For example, if one subsidiary sells goods to another, that internal sale is removed from the consolidated revenue and cost of sales. Thirdly, unrealized profits on intercompany transactions are also eliminated. Finally, minority interests, representing the portion of equity in subsidiaries not owned by the parent company, are presented separately.

Key components of a konsernitilinpäätös typically include a consolidated balance sheet, consolidated income statement, consolidated cash flow statement, and consolidated statement of changes in equity. These statements are prepared in accordance with relevant accounting standards, such as International Financial Reporting Standards (IFRS) or national accounting laws, ensuring comparability and transparency across different companies and jurisdictions. The preparation is a complex process requiring specialized knowledge of accounting principles and group structures.