Consolidation of financial statements by a holding company?

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What percent held by a holding company in a subsidiary will obligate the holding company to consolidate the subsidiary's results in its own. I.e. What percent equity is necessary to affect the balance sheet of the holding company?

I've heard 20 percent. Is this true?
Some more info...
http://www.dummies.com/how-to/content/reading-consolidated-financial-statements.html
 
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