Home > Term: group balance sheet
group balance sheet
Consolidated balance sheet of a group of companies, showing combined results with the exception of inter-company participations, supplies, receivables and debts, shipments and services (i.e. purchases and sales) and similar items. A group income statement is prepared together with the consolidated balance sheet. Regulated by Art. 663e ff. of the Swiss Code of Obligations.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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