NYFX » Topics » Principles of Consolidation

This excerpt taken from the NYFX 10-K filed Mar 16, 2009.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of NYFIX, Inc. and its majority-owned and wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.

The disposition of NYFIX Overseas, Inc. (“NYFIX Overseas”), as more fully described in Note 3, was accounted for as a discontinued operation for all periods presented. Unless otherwise indicated, all amounts in the accompanying footnotes relate to continuing operations.

This excerpt taken from the NYFX 10-K filed Mar 7, 2007.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of NYFIX, Inc. and its majority-owned and wholly-owned subsidiaries and any other subsidiaries which it effectively controls. All significant intercompany balances and transactions have been eliminated in consolidation. Investments in unconsolidated affiliates, where the Company may exercise significant influence over operating and financial policies, have been accounted for using the equity method. In accordance with Emerging Issues Task Force (“EITF”) No. 99-10,

EXCERPTS ON THIS PAGE:

10-K
Mar 16, 2009
10-K
Mar 7, 2007
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