Amadeus and company data

Many companies publish the company results in quarterly and annual statements. Depending on the size and scope of the company these statements can contain consolidated and/or unconsolidated financial information. A consolidated financial statement is the statement of a company integrating the financial information (/statements) of its subsidiaries. How the financial information is integrated into the consolidated statements depends on the importance of the percentage/interest owned by the parent company in the specific subsidiaries.

When you are doing research in Amadeus (and need to to use financial data that is comparable) you may need to take the consolidation level/code into account. In Amadeus the specific consolidation level/type of available financial statements is indicated with the Consolidation code. When you do a search and call up the resulting list of companies the consolidation is always shown in the default list:

The level of consolidation for the statements of companies in Amadeus is indicated by the 4 consolidation codes:

  • C1: statement of a mother company integrating the statements of its controlled subsidiaries or branches with no unconsolidated companion,
  • C2: statement of a mother company integrating the statements of its controlled subsidiaries or branches with an unconsolidated companion,
  • U1: statement not integrating the statements of the possible controlled subsidiaries or branches of the concerned company with no consolidated companion.
  • U2: statement not integrating the statements of the possible controlled subsidiaries or branches of the concerned company with an consolidated companion.

More information on these codes is also available in the help section. When you are creating your own list of variables that you want to download you can find the variable “Consolidation code” in the section “Legal & Account Information” under subsection “Account Information“.

It may also be possible to change the search settings in Amadeus to get certain preferred consolidation level information for companies presented in the search result by default. If possible (it depends on the subscription that allows you access) you can change the setting using the option “Settings” at the top of your screen (see also my earlier post in the old Blog). See example below:

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