i. The parent company is itself a wholly owned subsidiary or is a partially owned subsidiary of other entity and its owned ,including those not otherwise entitled to vote have been informed about and do not object to the parent presenting consolidated
statements .
ii. The parent company’s debt or equity instrument are not traded in a public market.
iii. The parent company did not file nor is it in the process of filing its financial statements with a securities commission or other regulatory organization for the purpose of issuing any class of instruments in a public market
iv. The ultimate or any intermediate parent produces consolidated financial statements available for public use that comply with IFRSs.
Wilfykil answered the question on February 12, 2019 at 09:06
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