Consolidating financial statements different year ends

The Board of Directors of Kemira Oyj has approved the Financial Statements for publication at its meeting on February 7, 2014.

Under the Finnish Limited Liability Companies Act, the shareholders may accept or reject the Financial Statements at the General Meeting of Shareholders held after their publication.

Kemira offers solutions for water quality and volume management that help improve customers’ energy, water and raw material efficiency.

Kemira’s vision is to be a leading water chemicals company. The parent company is domiciled in Helsinki, Finland, and its registered address is Porkkalankatu 3, FI-00180 Helsinki, Finland.

Kemira is an international chemicals group that consists of four segments: Paper, Municipal & Industrial, Oil & Mining and Chem Solutions.

The Group’s main clients are industries that use a lot of water.

For instance, with the advent of FIN 46, many in public and private accounting practice interpreted the new literature as precluding the use of combined financial statement presentation.

However, because the subsidiaries are considered to form one economic entity, investors, regulators, and customers find consolidated financial statements more beneficial to gauge the overall position of the entity.

Consolidated financial statements are the combined financial statements of a parent company and its subsidiaries.

Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they let you gauge the overall health of an entire group of companies as opposed to one company's standalone position.

This is because the net change in the financial statements is

However, because the subsidiaries are considered to form one economic entity, investors, regulators, and customers find consolidated financial statements more beneficial to gauge the overall position of the entity.Consolidated financial statements are the combined financial statements of a parent company and its subsidiaries.Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they let you gauge the overall health of an entire group of companies as opposed to one company's standalone position.This is because the net change in the financial statements is [[

However, because the subsidiaries are considered to form one economic entity, investors, regulators, and customers find consolidated financial statements more beneficial to gauge the overall position of the entity.

Consolidated financial statements are the combined financial statements of a parent company and its subsidiaries.

Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they let you gauge the overall health of an entire group of companies as opposed to one company's standalone position.

This is because the net change in the financial statements is $0.

The revenue generated from one legal entity is offset by the expenses in another legal entity.

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However, because the subsidiaries are considered to form one economic entity, investors, regulators, and customers find consolidated financial statements more beneficial to gauge the overall position of the entity.Consolidated financial statements are the combined financial statements of a parent company and its subsidiaries.Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they let you gauge the overall health of an entire group of companies as opposed to one company's standalone position.This is because the net change in the financial statements is $0.The revenue generated from one legal entity is offset by the expenses in another legal entity.

]].The revenue generated from one legal entity is offset by the expenses in another legal entity.

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The revenue generated from one legal entity is offset by the expenses in another legal entity.