Consolidation scope
The set of companies whose accounts are combined into one: who is inside the group, from what date, and on what terms.
How to read the number
Buying or selling a subsidiary moves every line of the report, even when nothing changed inside the business that was there before.
When the metric lies
The scope changes mid-year: an acquired company enters the accounts from the acquisition date, not for the full period. Comparison with the prior year is meaningless without a restated base.
Also known as: group perimeter