Statistical account
Definition
A non-money figure such as headcount, units sold or stores, held alongside the financial accounts so that ratios can be calculated from the same data.
Why does it matter in a group?
A statistical account holds a number that is not money, such as headcount, room-nights sold, stores or units, in the same structure as the financial accounts. That lets a ratio use the same data and the same group roll-up. When a ratio is rolled up, add the top and bottom lines across the companies first, then divide. Averaging the companies’ ratios gives the wrong answer.
A small example
One hotel sold 9,000 room-nights for AED 3,708,000, which is AED 412 a night. A second sold 6,000 for AED 2,160,000, which is AED 360. The group figure is (3,708,000 plus 2,160,000) divided by 15,000, which is AED 391.20. The average of 412 and 360 would give 386, which is wrong.