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Subsidiary's Equipment
Assets like machinery and tools owned by a subsidiary, which is a company controlled by another parent company.
Consolidation
The process of combining the financial statements of a parent company with those of its subsidiaries, presenting the financial results as if the group of companies was a single entity.
Long-Term Debt
Borrowings and other financial obligations that are due for repayment beyond the next 12 months, usually including bonds, loans, and lease obligations.
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