If your company has $1 million in assets and it purchases subsidiaries with assets of $400,000 and $300,000, respectively, then your consolidated balance sheet will show $1.7 million in assets ...

In this case, the consolidated balance sheet would show an investment in subsidiary account for $450,000 and a non-controlling interest amount of $50,000.

A strong balance sheet boosts growth Consolidated Water had net debt of $-43.7m as of March 2024, due to $46.2m in cash and cash equivalents, compared to just $2.5m in debt and leases.

We can see from the most recent balance sheet that Coca-Cola Consolidated had liabilities of US$647.1m falling due within a year, and liabilities of US$2.06b due beyond that.