audited consolidated financial statements
Consolidated accounts
A German company with at least one subsidiary must prepare and publish a set
of audited consolidated financial statements, unless the consolidated whole fits
the definition of a small group.
Broadly, a small group will employ no more
than 250 employees, and have total annual sales (including intercompany
items) of less than €46,200,000 and combined gross assets of less than
€23,100,000 before eliminations. The consolidation obligation arises where
two of these three criteria are consistently exceeded.
EU Forecast
euf:ba18e:114/nws-01