Definition of Financial statement
Any report summarizing the financial condition or financial results of a person or organization on any date or for any period. Financial statements include the balance sheet and the income statement and sometimes the statement of changes in financial position. See also Annual report.
Consolidated statement. Financial statements that include the accounts of both a parent company and controlled subsidiaries. See also Consolidated financial statements.
That's the definition of Financial statement in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.