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I’ve come across the word schedule a lot and wanted to confirm the meaning of a console schedule. Is it the consolidated financial statement? Does the schedule mean accounts prepared?
It just means a working paper – usually one that takes you from “A to B” – so, for example, the non-current asset schedule on page 82 of the notes takes you from the opening balances to the closing balances. Repayment scheduled referenced on page 104 is just a setting out of repayments (timings and amounts). A consolidation schedule is simply the working paper for consolidation which would show how all the line items of the individual companies financial statements are summed – with any consolidation adjustments to arrive at the amounts to be included in the consolidated financial statements.