@Daryo 07:16 Apr 13, 2020
Two things:
1. Of course, the bare, technical meaning (to the extent that there's such a thing) of "comptes sociaux" is "company accounts". However, *in practice* (which is what really matters), when used in specific accounting context, "comptes sociaux" tends to pretty much always refer to the financial statements of the parent company of a group, rather than those of the consolidated group itself. That's why it's used – to make the distinction between the two. (I've often seen it translated as "annual financial statements" or "individual financial statements", neither of which does the job for me, precisely because they fail to do the job that "sociaux" is doing in the French, which is to draw a distinction between the parent company and the consolidated group of which it's the head.
So no, deferred taxes and timing differences are, of course, not "some kind of feature specific to groups of companies". I never suggested they were. But in this particular case, I'm struggling to see what else "sociaux" is doing there other than specifying that this information relates to the (parent) company on its own, as opposed to the group of which it is the consolidating entity. | 
peer agreement (net): -2
