Subject The article addresses the analysis of consolidated financial statements of Russian strategic enterprises. Objectives The aim of the study is to develop methods to analyze consolidated financial statements on the basis of aggregate, matrix and dynamic forms. Methods The study employs objective principles of the systems approach, provisions of economic analysis, logical and comprehensive approaches to economic phenomena and processes. Results I propose methods of consolidated financial statements analysis based on aggregate, matrix and dynamic forms. They are used to analyze the statement of financial position, statement of comprehensive income, and cash flow statement. For instance, in the process of the analysis of consolidated statement of financial position, a matrix balance sheet is formed, which represents company's sources of financing and assets. Based on the matrix balance sheet, the figures of dynamic, index, and structural balance for assets and liabilities are calculated. These analytical forms enable to assess movements in company development, its asset structure and capital management strategy. The proposed methods have been tested on the data of a Russian strategic company. Conclusions The paper investigates problem of the analysis of consolidated financial statements and reveals typical elements of the financial policy of Russian strategic enterprises. It may be interesting for analysts involved in company's activities evaluation on the basis of consolidated financial statements.
Keywords: consolidated financial statements, economic analysis, aggregate, matrix, dynamic forms
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