difference between group and company

September 2, 2019

Q & A › difference between group and company
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Julia asked 4 years ago

What is the difference between group and company in financial statement of the annual report? Which one do we take in for our calculation?

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Peter Lim Staff answered 4 years ago

A public listed company usually have subsidiaries. Company means the financial statement of the parent company only. Group means financial statement of the parent company + all its subsidiaries.