Demonstrações consolidadas pró-forma: importância avaliada em um caso real

Abstract

This study deals with the consolidation of financial statements upon the acquisition of company control, emphasizing the comparability of statements at the time of acquisition, in the preceding and in the subsequent period. When a subsidiary is inserted for the first time in the consolidated balance of the holding company, this fact may lead to decreased comparability because, in the year of control acquisition, the balance sheet is fully consolidated, but the income statement is only consolidated from the acquisition date onwards. Therefore, the comparative analysis may be impaired since, in the previous year, there was no consolidation, since the subsidiary was not part of the economic group of the holding company while, in the next period, twelve months are consolidated in the accounts. The study aims to present an alternative to recover comparability between consolidated statements in control acquisition or business restructuring periods. This comparison can be achieved through pro forma consolidated statements. As a complement, we present a research carried out among financial and capital market professionals in order to evaluate their opinions about the publication of pro forma consolidated statements when relevant facts occur, such as control acquisition and business restructuring.