to another company inside the group for another price. Thus, company A has earned some revenue from selling, but the group as a whole didn't make any profit out of that transaction. Until those goods are sold to an outsider company, the group has unrealised profit. See also Associate company Business valuation Consolidation (business) Enterprise value Minority interest References Further reading Alexander, D., Britton, A., Jorissen, A., "International Financial Reporting and Analysis", Second Edition, 2005, , Financial statements