Final answer:
In Sobey's balance statement, the term "consolidated" means presenting the company's financial information as a whole, including its subsidiaries and controlled entities. This gives a comprehensive view of the company's financial position by aggregating the data of all the entities under its control.
Step-by-step explanation:
In the context of Sobey's balance statement, the term "consolidated" refers to the presentation of the company's financial information as a whole, including its subsidiaries and other controlled entities. It provides a comprehensive view of the company's financial position by aggregating the financial data of all the entities under its control. By consolidating the financial information, Sobey's balance statement reflects the overall performance and position of the entire company.