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"Group" and "Company" (0 viewing) 
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"Group" and "Company"

#705
soo (User)
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graphgraph
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1 Year ago
 
At the Financial Statement, I can see "Group" and "Company", and normally the figures are very near to each other.
What is the difference and what does they represent?

Thank you!
 
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#708
Max (User)
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1 Year ago
 
Hmm... I thought I answered this in the chatbox?

# Maxforce One is company level, another is group of companies level

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2007-11-18 4:06 PM
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# Maxforce Normally group is more important as many listed companies are holding companies

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2007-11-18 4:07 PM
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#709
bert (User)
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1 Year ago
 
Maxforce,
Company results are at individual company level whereas Group results take into account the results of subsidiary and associate companies.
Eg If Company A owns 90% of Company B, Coy A results will be at Company Level. The Group results will combine Company A & Company B results.
If Coy A earns RM10 profits and Coy B earns RM20 profits. Company level will show RM10 profits whereas Group Result will show (RM10 ie profis from coy A) + (RM20 less RM2 ie profits fr Company B less minority interest of 10% of Coy B) RM28.
Normally Company and Group results will not be quite close.
Hope my explanation is clear.
 
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#710
Max (User)
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graphgraph
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1 Year ago
 
Hmm thought that was what I said. But of course, yours is more elaborate
 
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#715
soo (User)
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1 Year ago
 
If I need to analys on couter A, so we should take consideration of the Group or the Company financial statement?
 
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