QUESTION 8 A consolidated entity is defined as: the company and its subsidiaries at the end of the financial year. Subsidiaries are companies and trusts as defined in terms of the Corporations Act a combined entity constituted by a parent entity and its controlled entities a trust or partnership registered as a management investment scheme and all the entities it controls at the end of the financial year the parent company, non-controlling interests and subsidiaries owned by that parent company as at the end of the financial year