Why would a company implement this upon acquisitions: "All significant intercompany transactions and balances between Group enterprises are eliminated on combination." I would like to know the possible reasons for this statement in a companies annual report.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.