1342:
1318:
1308:
37:
722:
715:
708:
645:
from the ownership decrease the value on the balance sheet. In Europe, investments into associate companies are called fixed financial assets.
301:
1379:
633:, usually 20–50%. In this case, an owner does not consolidate the associate's financial statements. Ownership of over 50% creates a
286:
663:, two companies are "associated" if one company is a subsidiary of the other or both are subsidiaries of the same body corporate.
291:
600:
451:
155:
52:
306:
296:
62:
358:
1403:
486:
363:
1189:
311:
254:
695:
641:
as an asset, the investor's proportional share of the associate's income is reported in the income statement and
395:
1102:
637:, with its financial statements being consolidated into the parent's books. Associate value is reported in the
348:
1408:
1372:
1248:
1042:
766:
1159:
679:
1122:
1413:
1293:
1278:
1268:
1107:
922:
1365:
1311:
1288:
1226:
1052:
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917:
593:
400:
36:
1022:
1012:
982:
952:
892:
234:
110:
1398:
1263:
1164:
1027:
865:
835:
526:
461:
185:
1179:
511:
249:
115:
57:
1353:
1201:
1196:
700:
561:
100:
8:
1151:
586:
551:
546:
521:
516:
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385:
343:
325:
278:
259:
190:
95:
20:
1321:
1233:
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1089:
875:
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390:
225:
180:
1258:
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885:
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801:
761:
756:
743:
731:
653:
571:
566:
145:
120:
1211:
1206:
1117:
1072:
972:
870:
791:
776:
751:
649:
353:
239:
1273:
1184:
1137:
1127:
1062:
987:
957:
907:
855:
827:
771:
441:
405:
195:
175:
160:
105:
90:
47:
1349:
1221:
1132:
446:
414:
125:
1392:
840:
638:
556:
419:
338:
333:
170:
1079:
927:
912:
786:
629:
is a company in which another company owns a significant portion of voting
491:
230:
1037:
1007:
850:
781:
377:
1341:
1283:
1243:
1047:
997:
967:
845:
634:
622:
481:
165:
28:
1017:
880:
1067:
962:
947:
642:
897:
264:
244:
150:
630:
410:
85:
796:
433:
215:
80:
730:
220:
1390:
1373:
716:
594:
302:International Financial Reporting Standards
1380:
1366:
1317:
1307:
723:
709:
601:
587:
1391:
1348:This accounting-related article is a
704:
292:Generally-accepted auditing standards
1336:
307:International Standards on Auditing
13:
14:
1425:
689:
364:Notes to the financial statements
1340:
1316:
1306:
312:Management Accounting Principles
35:
652:equation is the reciprocate of
1103:Debtor-in-possession financing
673:
1:
666:
287:Generally-accepted principles
1352:. You can help Knowledge by
1043:Staggered board of directors
7:
1160:Accretion/dilution analysis
10:
1430:
1335:
1123:Leveraged recapitalization
1302:
1294:Valuation using multiples
1279:Sum-of-the-parts analysis
1249:Modigliani–Miller theorem
1150:
1108:Dividend recapitalization
1088:
936:
923:Secondary market offering
826:
815:
742:
156:Constant purchasing power
53:Constant purchasing power
1404:Mergers and acquisitions
1312:List of investment banks
1227:Free cash flow to equity
1053:Super-majority amendment
978:Management due diligence
918:Seasoned equity offering
487:Accounting organizations
475:People and organizations
1023:Shareholder rights plan
1013:Post-merger integration
983:Managerial entrenchment
953:Contingent value rights
893:Initial public offering
648:Associate value in the
235:Amortization (business)
1165:Adjusted present value
1028:Special-purpose entity
866:Direct public offering
836:At-the-market offering
696:Basis of Consolidation
1180:Conglomerate discount
359:Management discussion
1409:Financial accounting
1202:Economic value added
1197:Discounted cash flow
326:Financial statements
279:Accounting standards
787:Senior secured debt
552:Earnings management
522:Positive accounting
396:Double-entry system
386:Bank reconciliation
191:Revenue recognition
1322:Outline of finance
1234:Market value added
1217:Financial modeling
1175:Business valuation
1098:Debt restructuring
876:Follow-on offering
861:Corporate spin-off
819:(terms/conditions)
736:investment banking
680:Companies Act 2006
661:Companies Act 2006
627:business valuation
527:Sarbanes–Oxley Act
462:Sarbanes–Oxley Act
391:Debits and credits
226:Cost of goods sold
181:Matching principle
1361:
1360:
1330:
1329:
1254:Net present value
1239:Minority interest
1170:Associate company
1146:
1145:
1113:Financial sponsor
1033:Special situation
1003:Pre-emption right
993:Minority discount
903:Private placement
802:Subordinated debt
757:Exchangeable debt
744:Capital structure
732:Corporate finance
654:minority interest
615:associate company
611:
610:
572:Two sets of books
567:Off-balance-sheet
209:Selected accounts
146:Accounting period
1421:
1414:Accounting stubs
1382:
1375:
1368:
1344:
1337:
1320:
1319:
1310:
1309:
1212:Fairness opinion
1207:Enterprise value
1190:Weighted average
1118:Leveraged buyout
973:Drag-along right
871:Equity carve-out
828:Equity offerings
824:
823:
820:
792:Shareholder loan
777:Second lien debt
772:Preferred equity
752:Convertible debt
725:
718:
711:
702:
701:
683:
677:
650:enterprise value
603:
596:
589:
39:
16:
15:
1429:
1428:
1424:
1423:
1422:
1420:
1419:
1418:
1389:
1388:
1387:
1386:
1333:
1331:
1326:
1298:
1274:Stock valuation
1269:Residual income
1185:Cost of capital
1142:
1138:Project finance
1128:High-yield debt
1084:
1063:Tag-along right
988:Mandatory offer
958:Control premium
939:
932:
908:Public offering
856:Bought out deal
818:
817:
811:
738:
729:
692:
687:
686:
678:
674:
669:
607:
578:
577:
576:
541:
533:
532:
531:
506:
498:
497:
496:
476:
468:
467:
466:
436:
426:
425:
424:
380:
370:
369:
368:
328:
318:
317:
316:
281:
271:
270:
269:
210:
202:
201:
200:
196:Unit of account
176:Historical cost
161:Economic entity
140:
132:
131:
130:
75:
67:
48:Historical cost
12:
11:
5:
1427:
1417:
1416:
1411:
1406:
1401:
1385:
1384:
1377:
1370:
1362:
1359:
1358:
1345:
1328:
1327:
1325:
1324:
1314:
1303:
1300:
1299:
1297:
1296:
1291:
1289:Terminal value
1286:
1281:
1276:
1271:
1266:
1261:
1256:
1251:
1246:
1241:
1236:
1231:
1230:
1229:
1222:Free cash flow
1219:
1214:
1209:
1204:
1199:
1194:
1193:
1192:
1182:
1177:
1172:
1167:
1162:
1156:
1154:
1148:
1147:
1144:
1143:
1141:
1140:
1135:
1133:Private equity
1130:
1125:
1120:
1115:
1110:
1105:
1100:
1094:
1092:
1086:
1085:
1083:
1082:
1077:
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1065:
1060:
1055:
1050:
1045:
1040:
1035:
1030:
1025:
1020:
1015:
1010:
1005:
1000:
995:
990:
985:
980:
975:
970:
965:
960:
955:
950:
944:
942:
934:
933:
931:
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925:
920:
915:
910:
905:
900:
895:
890:
889:
888:
878:
873:
868:
863:
858:
853:
848:
843:
838:
832:
830:
821:
813:
812:
810:
809:
804:
799:
794:
789:
784:
779:
774:
769:
764:
762:Mezzanine debt
759:
754:
748:
746:
740:
739:
728:
727:
720:
713:
705:
699:
698:
691:
690:External links
688:
685:
684:
671:
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665:
609:
608:
606:
605:
598:
591:
583:
580:
579:
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569:
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559:
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549:
543:
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469:
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464:
459:
454:
449:
444:
438:
437:
432:
431:
428:
427:
423:
422:
417:
415:General ledger
408:
403:
398:
393:
388:
382:
381:
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375:
372:
371:
367:
366:
361:
356:
351:
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341:
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118:
113:
108:
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98:
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83:
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73:
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69:
68:
66:
65:
60:
55:
50:
44:
41:
40:
32:
31:
25:
24:
9:
6:
4:
3:
2:
1426:
1415:
1412:
1410:
1407:
1405:
1402:
1400:
1399:Corporate law
1397:
1396:
1394:
1383:
1378:
1376:
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1369:
1364:
1363:
1357:
1355:
1351:
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1338:
1334:
1323:
1315:
1313:
1305:
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1301:
1295:
1292:
1290:
1287:
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1267:
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1262:
1260:
1257:
1255:
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1237:
1235:
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1213:
1210:
1208:
1205:
1203:
1200:
1198:
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1181:
1178:
1176:
1173:
1171:
1168:
1166:
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1155:
1153:
1149:
1139:
1136:
1134:
1131:
1129:
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1124:
1121:
1119:
1116:
1114:
1111:
1109:
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1078:
1074:
1071:
1070:
1069:
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1054:
1051:
1049:
1046:
1044:
1041:
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1036:
1034:
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1029:
1026:
1024:
1021:
1019:
1016:
1014:
1011:
1009:
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1004:
1001:
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994:
991:
989:
986:
984:
981:
979:
976:
974:
971:
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966:
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951:
949:
946:
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935:
929:
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921:
919:
916:
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901:
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879:
877:
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872:
869:
867:
864:
862:
859:
857:
854:
852:
849:
847:
844:
842:
841:Book building
839:
837:
834:
833:
831:
829:
825:
822:
814:
808:
805:
803:
800:
798:
795:
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778:
775:
773:
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768:
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763:
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749:
747:
745:
741:
737:
733:
726:
721:
719:
714:
712:
707:
706:
703:
697:
694:
693:
682:, section 256
681:
676:
672:
664:
662:
659:Under the UK
657:
655:
651:
646:
644:
640:
639:balance sheet
636:
632:
628:
624:
620:
616:
604:
599:
597:
592:
590:
585:
584:
582:
581:
573:
570:
568:
565:
563:
560:
558:
557:Error account
555:
553:
550:
548:
545:
544:
537:
536:
528:
525:
523:
520:
518:
515:
513:
510:
509:
502:
501:
493:
490:
488:
485:
483:
480:
479:
472:
471:
463:
460:
458:
455:
453:
450:
448:
445:
443:
440:
439:
435:
430:
429:
421:
420:Trial balance
418:
416:
412:
409:
407:
404:
402:
401:FIFO and LIFO
399:
397:
394:
392:
389:
387:
384:
383:
379:
374:
373:
365:
362:
360:
357:
355:
352:
350:
347:
345:
342:
340:
339:Balance sheet
337:
335:
334:Annual report
332:
331:
327:
322:
321:
313:
310:
308:
305:
303:
300:
298:
295:
293:
290:
288:
285:
284:
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274:
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246:
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229:
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224:
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217:
214:
213:
206:
205:
197:
194:
192:
189:
187:
184:
182:
179:
177:
174:
172:
171:Going concern
169:
167:
164:
162:
159:
157:
154:
152:
149:
147:
144:
143:
136:
135:
127:
124:
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109:
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99:
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71:
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54:
51:
49:
46:
45:
43:
42:
38:
34:
33:
30:
27:
26:
22:
18:
17:
1354:expanding it
1347:
1332:
1264:Real options
1169:
1080:Tender offer
940:acquisitions
928:Underwriting
913:Rights issue
816:Transactions
675:
658:
647:
618:
614:
612:
492:Luca Pacioli
413: /
233: /
231:Depreciation
139:Key concepts
111:Governmental
1038:Squeeze-out
1008:Proxy fight
938:Mergers and
851:Bought deal
782:Senior debt
505:Development
482:Accountants
378:Bookkeeping
297:Convergence
255:Liabilities
186:Materiality
74:Major types
1393:Categories
1284:Tax shield
1244:Mismarking
1048:Stock swap
998:Pitch book
968:Divestment
846:Bookrunner
767:Pari passu
667:References
635:subsidiary
623:accounting
540:Misconduct
166:Fair value
116:Management
58:Management
29:Accounting
1259:Pure play
1152:Valuation
1018:Sell side
881:Greenshoe
643:dividends
619:associate
562:Hollywood
442:Financial
344:Cash-flow
101:Financial
1090:Leverage
1068:Takeover
963:Demerger
948:Buy side
547:Creative
517:Research
447:Internal
434:Auditing
250:Goodwill
245:Expenses
96:Forensic
21:a series
19:Part of
1073:Reverse
1058:Synergy
898:Pre-IPO
886:Reverse
807:Warrant
512:History
406:Journal
265:Revenue
151:Accrual
631:shares
457:Report
411:Ledger
354:Income
349:Equity
260:Profit
240:Equity
216:Assets
121:Social
86:Budget
797:Stock
621:) in
452:Firms
81:Audit
1350:stub
734:and
625:and
617:(or
221:Cash
106:Fund
91:Cost
613:An
126:Tax
63:Tax
1395::
656:.
23:on
1381:e
1374:t
1367:v
1356:.
724:e
717:t
710:v
602:e
595:t
588:v
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
