Quarterly Report. For the three month period ended. April 30, 2015

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Quarterly Report. For the three month period ended. April 30, 2015"

Transcription

1 Quarterly Report For the three month period ended April 30, 2015 The attached unaudited interim condensed consolidated financial statements have been prepared by Management of International Datacasting Corporation, recommended for approval by the Audit Committee and approved by the Board of Directors on June 1, These unaudited interim condensed consolidated financial statements have not been audited or reviewed by the Corporation s auditor.

2 Table of Contents Unaudited Condensed Consolidated Statements of Financial Position... 3 Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss... 4 Unaudited Condensed Consolidated Statements of Changes in Equity... 5 Unaudited Condensed Consolidated Statements of Cash Flows... 6 Notes to Consolidated Financial Statements Note 1 Basis of Preparation and Going Concern... 7 Note 2 Significant Accounting Policies... 8 Note 3 Segmented Information... 8 Note 4 Financial Instruments Note 5 Inventories Note 6 Secured Borrowings Note 7 Provisions Note 8 Common Shares Note 9 Share Based Compensation Note 10 Loss Per Share Note 11 Subsequent Event Page 2

3 Page 3

4 Page 4

5 UNAUDITED CONDENSED STATEMENTS OF CHANGES IN EQUITY FOR THE THREE MONTHS ENDED APRIL 30, 2015 AND 2014 (Canadian dollars, except share data) NOTES Number of Common Shares Common Shares Contributed Surplus Accumulated Other Comprehensive Loss Accumulated Deficit Total Shareholders' Equity Balance at February 1, ,484,642 $ 23,637,259 $ 3,401,345 $ (229,729) $ (19,437,425) $ 7,371,450 Net loss (1,566,131) (1,566,131) Stock-based compensation , ,417 Issued upon conversion of Restricted Share Units ("RSUs") 21,648 2, ,814 Balance at April 30, ,506,290 $ 23,640,073 $ 3,483,762 $ (229,729) $ (21,003,556) $ 5,890,550 Balance at February 1, ,877,752 $ 24,131,627 $ 3,901,345 $ (229,729) $ (23,767,924) $ 4,035,319 Net loss (351,096) (351,096) Stock-based compensation , ,340 Issued upon conversion of Restricted Share Units ("RSUs") 8 1,074, ,410 (116,577) - - (7,167) Balance at April 30, ,952,657 $ 24,241,037 $ 3,837,108 $ (229,729) $ (24,119,020) $ 3,729,396 The accompanying notes are an integral part of these Consolidated Financial Statements Page 5

6 OPERATING ACTIVITIES Net loss Three months ended NOTES April 30, 2015 April 30, 2014 $ (351,096) $ (1,566,131) Add items not requiring an outlay of cash: Depreciation of capital assets 59,918 38,644 Deferred tax adjustments (518) 718 Unrealized loss on derivatives - (8,945) Share based compensation 9 52,340 82,417 (239,356) (1,453,297) Net change in non-cash working capital: Accounts receivable (1,087,078) 600,975 Inventories 286, ,179 Other assets 41, ,268 Accounts payable and accrued liabilities (14,496) (890,212) Customer deposits 158,340 5,627 Deferred revenue 286, ,970 Provisions 1, ,532 Current tax liability 4,336 (2,014) Net cash applied to operating activities (561,589) (574,972) INVESTING ACTIVITIES INTERNATIONAL DATACASTING CORPORATION UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED APRIL 30, 2015 AND 2014 (Canadian dollars) Redemption of short-term investment - 22,500 Purchase of capital assets - (10,243) Net cash provided by investing activities - 12,257 FINANCING ACTIVITIES Advances from secured lenders 6 1,293,070 - Repayments of secured borrowings (231,076) - Payments made on vested RSU's 8 (7,167) - Net cash provided by financing activities 1,054,827 - Net increase (decrease) in cash during the period 493,238 (562,715) CASH AND CASH EQUIVALENTS - Beginning of period 615,403 2,734,655 CASH AND CASH EQUIVALENTS - End of period $ 1,108,641 $ 2,171,940 Supplemental cash flow information: Interest paid $ 10,060 $ - Income taxes paid $ - $ 8,865 The accompanying notes are an integral part of these Consolidated Financial Statements Page 6

7 1. Basis of Preparation and Going Concern Basis of Preparation These interim condensed consolidated financial statements are expressed in Canadian dollars and have been prepared in accordance with International Financial Reporting Standards ( IFRS ) applicable to the preparation of interim financial statements, including International Accounting Standard ( IAS ) 34, Interim Financial Reporting. Accordingly, they do not include all of the information and footnotes required under IFRS for complete financial statements. In the opinion of management, these unaudited interim condensed consolidated financial statements reflect all adjustments considered necessary for a fair presentation of the Corporation s financial position and results of operations for the periods presented. The results of operations for any interim period are not necessarily indicative of the results for a full year. All inter-company accounts and transactions have been eliminated. The condensed consolidated statement of financial position at April 30, 2015 and, the condensed consolidated statements of operations and comprehensive loss, of changes in equity and of cash flows for the periods ended April 30, 2015 and 2014 have not been audited or reviewed by the Corporation s auditors. The consolidated statement of financial position at January 31, 2015 is derived from the Corporation s audited consolidated financial statements. These unaudited interim condensed consolidated financial statements were authorized for issuance by the Board of Directors on June 1, The following should be read in conjunction with the Corporation s annual audited consolidated financial statements for the year ended January 31, The tabular disclosures herein are presented in thousands, except for share data. Going Concern These interim condensed consolidated financial statements have been prepared on the going concern basis, which assumes the Corporation will be able to continue its operations and will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. However, there exists significant doubt regarding the validity of this assumption and, hence, the ultimate appropriateness of the use of accounting principles applicable to a going concern for the following reasons: The Corporation has incurred significant operating losses in the past three fiscal years as well as the year ended January 31, 2015, resulting in negative cash flows from operations over these respective periods; The Corporation s available liquid assets at April 30, 2015 may be insufficient to fund future required working capital; and The Corporation s long and unpredictable sales cycles result in difficulty to reliably forecast future sales and related cash flows. The Board and management are taking steps to mitigate the going concern risk. Page 7

8 On April 21, 2015, the Corporation executed a definitive agreement (the Definitive Agreement ) for the sale of its principal business assets to Pico Digital for total cash consideration of US $4.1 million (CAD $5 million), subject to certain adjustments and holdbacks of up to US $1.35 million (CAD $1.65 million) to satisfy certain performance conditions and potential indemnity claims. The Definitive Agreement also provides that Pico Digital will assume certain of IDC s liabilities and that IDC retains the intellectual property related to its issued patents. Additionally, following the closing of the acquisition, the majority of IDC s employees are expected to join Pico Digital. In conjunction with this transaction, IDC obtained a US $1.0 million (CAD $1.2 million) bridge financing facility from Pico Digital (see Note 6 Secured Borrowings ). As the Definitive Agreement is subject to shareholders approval of IDC on June 12, 2015, there is no assurance that this transaction will be consummated. In the event IDC is unable to close this transaction, the Corporation anticipates that it will need to raise capital and/or debt in order to fund its operations over the next 12 months. There is no assurance such additional capital funding will be available to the Corporation. Due to the above circumstances, there exists significant doubt regarding the Corporation s ability to continue as a going concern. These unaudited interim condensed consolidated financial statements do not reflect any adjustments to the carrying values of assets and liabilities and the reported amounts of revenues and expenses and balance sheet classifications that would be necessary if the use of the going concern assumption was not appropriate and such adjustments could be material. 2. Significant Accounting Policies The significant accounting policies are consistent with those of the previous fiscal year. Recently Issued Accounting Standards Not Yet Adopted IFRS 15, Revenue from Contracts with Customers, ( IFRS 15 ), specifies how and when companies will recognize revenue as well as requiring such entities to provide users of financial information with more informative, relevant disclosures. The standard provides a single, principles based fivestep model to be applied to all contracts with customers. IFRS 15 was issued in May 2014 and applies to an annual reporting period beginning on or after January 1, IDC is currently analyzing the impact, if any, this standard will have on its current revenue recognition policies. 3. Segmented Information IDC operates as a single reportable segment as the Corporation has become a product focused company. While the Corporation will continue to generate some service revenues related to maintenance and support for products sold to customers, going forward total service revenue is not expected to be a significant component of the Corporation s total revenues, and service revenue is expected to be closely linked to product sales. The above aligns with the discrete financial information reviewed by the Chief Operating Decision Maker (which is the CEO for IDC) for the purposes of allocating resources and assessing performance. Page 8

9 For the three months ended April 30, 2015, one customer accounted for 42% of the Corporation s total revenue. The Corporation had no other customers accounting for 10% or more of total revenue in the quarter (April 30, 2014 four customers accounted for 51%). Revenues by geographic market are as follows: Three months ended April 30, Americas (1) $ 1,093 $ 2,081 EMEA (2) 1, APAC (3) $ 3,015 $ 2,830 (1) The geographic region of the Americas includes North America, Central America and South America. For the three months ended April 30, 2015, revenues from Canada were $9 ( $542). Within the region, the following country had 10% or more of IDC's total revenues for the three months ended April 30, 2015: United States $830 (2014 -$431). The following countries had 10% or more of total revenues for the three months ended April 30, 2014: Chile $389, Bolivia $338, and Colombia $308. (2) EMEA consists of Europe, the Middle East and Africa. Within the region, the following country had 10% or more of total revenues for the three months ended April 30, 2015 or April 30, 2014: Luxembourg $1,276 ( $320) (3) The APAC region consists of East Asia, South Asia, Southeast Asia and Oceania. Page 9

10 4. Financial Instruments Categories The following table presents the Corporation s total financial assets and liabilities by category: Fair value estimation The following table presents the Corporation s financial assets and liabilities that are measured at estimated fair value: Page 10

11 There were no movements between Level 1 and Level 2 throughout the period. Additionally, there was no change in valuation techniques and assumptions used to estimate fair value for the above financial instruments since January 31, Management believes that the carrying values of the Corporation s remaining financial instruments approximate fair values because of their short terms to maturity. Foreign currency risk At April 30, 2015, the Corporation did not hold any foreign currency forward contracts. Credit risk relating to trade receivables The aging for trade receivables, net of the allowance for doubtful accounts, was as follows: At April 30, 2015, one customer accounted for 63% of the total trade receivables (April 30, 2014 five customers accounted for 58%). The Corporation has purchased credit insurance from Export Development Canada ( EDC ) for certain of the outstanding foreign trade receivables to mitigate credit risk. However, EDC insurance does not apply in the event of a dispute or settlement with a customer. Since April 30, 2015 and through May 28, 2015, the Corporation has collected approximately $1,032 thousand from the above outstanding receivable balance. At April 30, 2015 and January 31, 2015, the Corporation s allowance for doubtful accounts was $3 thousand and nil, respectively. Management believes that the amounts receivable not provided for are fully collectible at April 30, Page 11

12 5. Inventories The composition of inventory was as follows: For the three months ended April 30, 2015, the cost of inventories charged to cost of sales was $700 thousand (April, 30, $821 thousand), including an impairment charge of $6 thousand (April 30, nil). 6. Secured Borrowings a) Accounts Receivable Factoring Facility ( AR Factoring Facility ) During the first quarter of Fiscal 2016 the Corporation terminated its AR Factoring Facility with a lender. All debt was repaid to the lender at the time of termination. b) Bridge Financing with Pico Digital On April 30, 2015, the Corporation entered into a $1.2 million bridge financing facility with Pico Digital. The bridge loan was evidenced by a promissory note and is subject to a security agreement in favor of Pico Digital. The interest rate on the bridge loan is 5% per annum. The bridge loan will become payable and due within five business days if the Definitive Agreement is terminated. Page 12

13 7. Provisions The following table shows the movement in the provisions for the three months ended April 30, 2015 and April 30, 2014: 8. Common Shares During the first quarter of fiscal 2016, 1,074,905 Common Shares with a value of $109 thousand were issued in a non cash transaction upon the conversion of vested RSUs (first quarter of fiscal ,648 Common Shares with a value of $3 thousand). 9. Share Based Compensation Summary of Stock Option Activity The following table provides the movement in the Corporation s outstanding stock options for all plans for the three month period ended: Page 13

14 Summary of RSU Activity The following table provides the movement in the Corporation s outstanding RSUs and the weighted average grant date fair value ( Fair Value ) for the three month period ended: In accordance with the RSU Plan and at the Corporation s discretion, settlement of vested RSUs may be made via cash or issuance of common shares from the Corporation s treasury subject to no more than 50% of the total RSUs outstanding. 10. Loss Per Share As the Corporation incurred a net loss for the three months ended April 30, 2015 and 2014, there were no dilutive stock options for these periods. The total outstanding stock options and restricted share units that could potentially dilute earnings per share in the future by being converted to common shares were as follows: Additionally, vested RSUs may be settled either in cash, Common Shares, or a combination of both at the Corporation s discretion. However, the issuance of Common Shares from IDC s treasury shares is subject to restriction as provided under the RSU Plan to mitigate dilution to existing shareholders in that no more than 50% of the vested RSUs at any time may be paid out in treasury shares. This is also subject to the maximum dilution of 15% of the Corporation s issued and outstanding Common shares. Page 14

15 11. Subsequent Event During May 2015, the Corporation s credit facilities with a financial institution were terminated and all debt under the facilities was repaid. As a result of the termination, $55 thousand of short-term investments which had been specifically assigned to the financial institution as security was released to the Corporation. Page 15

Interim Condensed Consolidated Financial Statements TEXADA SOFTWARE INC. For the three months ended March 31, 2012 and 2011 (Unaudited)

Interim Condensed Consolidated Financial Statements TEXADA SOFTWARE INC. For the three months ended March 31, 2012 and 2011 (Unaudited) Interim Condensed Consolidated Financial Statements TEXADA SOFTWARE INC. For the three months ended March 31, 2012 and 2011 (Unaudited) MANAGEMENT S COMMENTS ON UNAUDITED INTERIM CONSOLIDATED FINANCIAL

More information

FALCON OIL & GAS LTD.

FALCON OIL & GAS LTD. Interim Condensed Consolidated Financial Statements Three and Six Months Ended June 30, 2012 and 2011 (Presented in U.S. Dollars) Interim Condensed Consolidated Statements of Financial Position (Unaudited)

More information

Condensed Interim Financial Statements Fiscal 2013 First Quarter (Unaudited) For the three months ended July 31, 2012 and 2011

Condensed Interim Financial Statements Fiscal 2013 First Quarter (Unaudited) For the three months ended July 31, 2012 and 2011 Condensed Interim Financial Statements Fiscal 2013 First Quarter (Unaudited) CRITICAL OUTCOME TECHNOLOGIES INC Page 2 Condensed Interim Financial Statements Table of Contents Notice of No Audit or Review

More information

Condensed Consolidated Interim Financial Statements of. Three and six months ended March 31, 2016. (Unaudited in U.S. dollars)

Condensed Consolidated Interim Financial Statements of. Three and six months ended March 31, 2016. (Unaudited in U.S. dollars) Condensed Consolidated Interim Financial Statements of Three and six months ended, 2016 (Unaudited in U.S. dollars) 1 Condensed Consolidated Interim Balance Sheets (Amounts in thousands of U.S. Dollars)

More information

ATS AUTOMATION TOOLING SYSTEMS INC.

ATS AUTOMATION TOOLING SYSTEMS INC. Interim Consolidated Financial Statements For the period ended June 29, 2014 (Unaudited) (Condensed) Interim Consolidated Statements of Financial Position (in thousands of Canadian dollars unaudited) June

More information

Western Energy Services Corp. Condensed Consolidated Financial Statements September 30, 2015 and 2014 (Unaudited)

Western Energy Services Corp. Condensed Consolidated Financial Statements September 30, 2015 and 2014 (Unaudited) Condensed Consolidated Financial Statements September 30, 2015 and 2014 (Unaudited) Condensed Consolidated Balance Sheets (Unaudited) (thousands of Canadian dollars) Note September 30, 2015 December 31,

More information

AcuityAds Inc. Condensed Consolidated Interim Financial Statements. Three months ended March 31, 2014 and 2013 (Unaudited)

AcuityAds Inc. Condensed Consolidated Interim Financial Statements. Three months ended March 31, 2014 and 2013 (Unaudited) AcuityAds Inc. Condensed Consolidated Interim Financial Statements Condensed Consolidated Interim Statements of Financial Position March 31, December 31, 2014 2013 Assets Current assets: Cash $ 446,034

More information

BIOMARK DIAGNOSTICS INC. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS. June 30, 2015. (Stated in Canadian Dollars)

BIOMARK DIAGNOSTICS INC. CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS. June 30, 2015. (Stated in Canadian Dollars) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (Unaudited Prepared by Management) NOTICE OF NO AUDITOR REVIEW OF CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS Under National Instrument 51-102,

More information

FLEET MANAGEMENT SOLUTIONS INC.

FLEET MANAGEMENT SOLUTIONS INC. FLEET MANAGEMENT SOLUTIONS INC. (Formerly: Silverton Mining Corp.) CONSOLIDATED FINANCIAL STATEMENTS (unaudited prepared by management) March 31, 2013 (Expressed in US Dollars) 1 FLEET MANAGEMENT SOLUTIONS

More information

Interim Condensed Consolidated Financial Statements NOBLE IRON INC. For the three months ended March 31, 2014 and 2013 (Unaudited)

Interim Condensed Consolidated Financial Statements NOBLE IRON INC. For the three months ended March 31, 2014 and 2013 (Unaudited) Interim Condensed Consolidated Financial Statements NOBLE IRON INC. MANAGEMENT S COMMENTS ON UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL

More information

NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS

NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS Condensed Interim Consolidated Financial Statements of THE BRICK LTD. For the three months ended March 31, 2013 NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS Under National Instrument 51-102,

More information

Holloway Lodging Corporation. Interim Consolidated Condensed Financial Statements (Unaudited) June 30, 2015 (in thousands of Canadian dollars)

Holloway Lodging Corporation. Interim Consolidated Condensed Financial Statements (Unaudited) June 30, 2015 (in thousands of Canadian dollars) Interim Consolidated Condensed Financial Statements August 12, Management s Report The accompanying unaudited interim consolidated condensed financial statements of Holloway Lodging Corporation (the Company

More information

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS September 30, 2015 (Unaudited) TSX-V: ANF. www.anfieldnickel.com

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS September 30, 2015 (Unaudited) TSX-V: ANF. www.anfieldnickel.com CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS September 30, 2015 () TSX-V: ANF www.anfieldnickel.com NOTICE OF NO AUDITOR REVIEW The unaudited condensed consolidated interim financial statements,

More information

FINANCIAL SUPPLEMENT December 31, 2015

FINANCIAL SUPPLEMENT December 31, 2015 FINANCIAL SUPPLEMENT December 31, 2015 Monster Worldwide, Inc. (together with its consolidated subsidiaries, the Company, Monster, we, our or us ) provides this supplement to assist investors in evaluating

More information

Nature of operations and basis of preparation (Note 1) Commitments and contingencies (Note 10) Subsequent events (Note 12)

Nature of operations and basis of preparation (Note 1) Commitments and contingencies (Note 10) Subsequent events (Note 12) Unaudited Interim Consolidated Financial Statements For the nine months ended September 30, 2005 Contents Interim Consolidated Financial Statements Interim Consolidated Balance Sheets Interim Consolidated

More information

CONSOLIDATED FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2010 BANKERS PETROLEUM LTD. CONSOLIDATED BALANCE SHEETS (Unaudited, expressed in thousands of US dollars) ASSETS June 30 2010 December 31 2009 Current assets

More information

Consolidated financial statements of. BIOX Corporation. For the three month periods ended December 31, 2010 and 2009. (Unaudited)

Consolidated financial statements of. BIOX Corporation. For the three month periods ended December 31, 2010 and 2009. (Unaudited) Consolidated financial statements of BIOX Corporation Table of contents Consolidated statements of operations and comprehensive income (loss)... 1 Consolidated statements of deficit... 2 Consolidated balance

More information

Interim Condensed Consolidated Financial Statements NOBLE IRON INC. For the three months ended March 31, 2015 and 2014 (Unaudited)

Interim Condensed Consolidated Financial Statements NOBLE IRON INC. For the three months ended March 31, 2015 and 2014 (Unaudited) Interim Condensed Consolidated Financial Statements NOBLE IRON INC. MANAGEMENT S COMMENTS ON UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL

More information

Sunora Foods Inc. Condensed Interim Consolidated Financial Statements For the three months ended March 31, 2016 (unaudited)

Sunora Foods Inc. Condensed Interim Consolidated Financial Statements For the three months ended March 31, 2016 (unaudited) Condensed Interim Consolidated Financial Statements For the three months ended March 31, 2016 (unaudited) 1 Consolidated Balance Sheet (audited) March 31, December 31, Assets 2016 2015 Current assets Cash

More information

5N PLUS INC. Condensed Interim Consolidated Financial Statements (Unaudited) For the three month periods ended March 31, 2016 and 2015 (in thousands

5N PLUS INC. Condensed Interim Consolidated Financial Statements (Unaudited) For the three month periods ended March 31, 2016 and 2015 (in thousands Condensed Interim Consolidated Financial Statements (Unaudited) (in thousands of United States dollars) Condensed Interim Consolidated Statements of Financial Position (in thousands of United States dollars)

More information

(unaudited expressed in Canadian Dollars)

(unaudited expressed in Canadian Dollars) Condensed Consolidated Interim Financial Statements of CARGOJET INC. For the three month periods ended (unaudited expressed in Canadian Dollars) This page intentionally left blank Condensed Consolidated

More information

QUINSAM CAPITAL CORPORATION INTERIM FINANCIAL STATEMENTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2015 (UNAUDITED AND EXPRESSED IN CANADIAN DOLLARS)

QUINSAM CAPITAL CORPORATION INTERIM FINANCIAL STATEMENTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2015 (UNAUDITED AND EXPRESSED IN CANADIAN DOLLARS) INTERIM FINANCIAL STATEMENTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, (UNAUDITED AND EXPRESSED IN CANADIAN DOLLARS) NOTICE TO READER Under National Instrument 51-102, Part 4, subsection 4.3(3) (a), if

More information

eqube Gaming Limited Condensed Interim Consolidated Financial Statements For the Three and Nine Months Ended November 30, 2015 (Unaudited)

eqube Gaming Limited Condensed Interim Consolidated Financial Statements For the Three and Nine Months Ended November 30, 2015 (Unaudited) Condensed Interim Consolidated Financial Statements For the Three and Nine Months Ended November 30, 2015 Notice to Reader The following interim consolidated financial statements and notes have not been

More information

FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2013

FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2013 FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2013 (EXPRESSED IN CANADIAN DOLLARS) Notice to Reader These interim financial statements of Resinco Capital Partners Inc. have been prepared by

More information

CARDIOME PHARMA CORP.

CARDIOME PHARMA CORP. Consolidated Financial Statements (Expressed in thousands of United States (U.S.) dollars) (Prepared in accordance with generally accepted accounting principles used in the United States of America (U.S.

More information

Condensed Interim Financial Statements of MANITOU GOLD INC. Three months ended March 31, 2011 (Unaudited prepared by management)

Condensed Interim Financial Statements of MANITOU GOLD INC. Three months ended March 31, 2011 (Unaudited prepared by management) Condensed Interim Financial Statements of MANITOU GOLD INC. (Unaudited prepared by management) NOTICE TO READER The condensed interim balance sheets of Manitou Gold Inc. as at March 31, 2011 and December

More information

Baja Mining Corp. Condensed Interim Consolidated Financial Statements Unaudited September 30, 2015 (expressed in thousands of US dollars)

Baja Mining Corp. Condensed Interim Consolidated Financial Statements Unaudited September 30, 2015 (expressed in thousands of US dollars) Condensed Interim Consolidated Financial Statements Unaudited 2015 (expressed in thousands of US dollars) Notice of no Auditor Review of Interim Financial Statements Under National Instrument 51-102, Part

More information

CONSOLIDATED FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Expressed in Canadian Dollar) and 2007 Index Balance Sheets Statements of Operations, Comprehensive Loss and Deficit Statements of Cash Flows Notes to Financial

More information

GUYANA GOLDFIELDS INC.

GUYANA GOLDFIELDS INC. Condensed Consolidated Interim Financial Statements (Unaudited, Expressed in United States Dollars) Three and Nine Months Ended July 31, 2013 Guyana Goldfields Inc. Condensed Consolidated Interim Balance

More information

CEMATRIX CORPORATION Consolidated Financial Statements (in Canadian dollars) September 30, 2015

CEMATRIX CORPORATION Consolidated Financial Statements (in Canadian dollars) September 30, 2015 Consolidated Financial Statements September 30, 2015 Management s Responsibility for Financial Reporting and Notice of No Auditor Review of the Interim Consolidated Financial Statements for the Three and

More information

NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited)

NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited) NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited) ($Cdn thousands) Assets Current assets Cash and cash equivalents $ - $ - Accounts receivable and prepaids 42,980 30,317 Assets

More information

Audit Report of Independent Certified Public Accountants

Audit Report of Independent Certified Public Accountants Audit Report of Independent Certified Public Accountants The Board of Directors Acer Incorporated: We have audited the non-consolidated balance sheets of Acer Incorporated (the Company ) as of June 30,

More information

NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited)

NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited) NUVISTA ENERGY LTD. Consolidated Statements of Financial Position (unaudited) ($Cdn thousands) Assets Current assets Cash and cash equivalents $ - $ - Accounts receivable and prepaids 35,443 30,317 Assets

More information

Khan Resources Inc. Interim Consolidated Balance Sheets (Expressed in United States dollars) (All dollar amounts are in thousands) (Unaudited)

Khan Resources Inc. Interim Consolidated Balance Sheets (Expressed in United States dollars) (All dollar amounts are in thousands) (Unaudited) Interim Consolidated Balance Sheets (All dollar amounts are in thousands) March 31, September 30, 2008 2007 Assets Current Cash $ 32,105 $ 33,859 Accounts receivable 52 47 Prepaid expenses and other assets

More information

Expressed in Canadian Dollars - Unaudited

Expressed in Canadian Dollars - Unaudited Hatch Interactive Technologies Corp. (Formerly Tosca Resources Corp.) Consolidated Interim Financial Report For the three and nine month periods ended August 31, 2015 Expressed in Canadian Dollars - Unaudited

More information

Consolidated Balance Sheets

Consolidated Balance Sheets Consolidated Balance Sheets March 31 2015 2014 2015 Assets: Current assets Cash and cash equivalents 726,888 604,571 $ 6,057,400 Marketable securities 19,033 16,635 158,608 Notes and accounts receivable:

More information

! "#$ %&!& "& ' - 3+4 &*!&-.,,5///2!(.//+ & $!- )!* & % +, -).//0)& 7+00///2 *&&.4 &*!&- 7.00///2 )!*.//+ 8 -!% %& "#$ ) &!&.

! #$ %&!& & ' - 3+4 &*!&-.,,5///2!(.//+ & $!- )!* & % +, -).//0)& 7+00///2 *&&.4 &*!&- 7.00///2 )!*.//+ 8 -!% %& #$ ) &!&. ! "#!""#$%$#$#$"& $'"()*+,$-).,/ 012! "#$ %&!& "& '!(&)!*&%+,-).//0 -#$#3-4' &,'1$1# $!-!(.//0)& +01+///2 *&& - 3+4 &*!&-.,,5///2!(.//+ &!(!-6%(!(.//.$(!(.//0)& 01,///2 //+2% &*!&- 5,0///2 //32%!(.//+

More information

QUARTERLY AND YEAR END REPORT BC FORM 51-901F (previously Form 61)

QUARTERLY AND YEAR END REPORT BC FORM 51-901F (previously Form 61) British Columbia Securities Commission QUARTERLY AND YEAR END REPORT BC FORM 51-901F (previously Form 61) INCORPORATED AS PART OF: X Schedule A Schedules B and C (Place X in appropriate category.) ISSUER

More information

interim Consolidated financial statements For the nine months ended September 30, 2011 and 2010 (Unaudited)

interim Consolidated financial statements For the nine months ended September 30, 2011 and 2010 (Unaudited) interim Consolidated financial statements For the nine months ended September 30, 2011 and 2010 (Unaudited) consolidated financial statements 2 Condensed Interim Consolidated Statements of Operations and

More information

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q È QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended

More information

Contents. Notice to Reader 2

Contents. Notice to Reader 2 Condensed Consolidated Financial Statements For the interim nine month period ended September 30, 2011 (in ) Contents Notice to Reader 2 Condensed Consolidated Financial Statements Statements of Financial

More information

FINANCIAL SUMMARY. (All financial information has been prepared in accordance with U.S. generally accepted accounting principles)

FINANCIAL SUMMARY. (All financial information has been prepared in accordance with U.S. generally accepted accounting principles) FINANCIAL SUMMARY FY2015 First Quarter (April 1, 2014 through June 30, 2014) English translation from the original Japanese-language document TOYOTA MOTOR CORPORATION FY2015 First Quarter Consolidated

More information

Digger Resources Inc.

Digger Resources Inc. Financial Statements of Digger Resources Inc. Six Months ended January 31, NOTICE TO READER The accompanying unaudited interim financial statements of Digger Resources Inc. for the six months ended January

More information

AMENDED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS PERIOD ENDED JULY 31, 2015. (Expressed in Canadian Dollars)

AMENDED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS PERIOD ENDED JULY 31, 2015. (Expressed in Canadian Dollars) AMENDED CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS PERIOD ENDED JULY 31, 2015 1 NOTICE OF NO AUDITOR REVIEW OF CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS Under National Instrument 51-102,

More information

Contents. Notice to Reader 2

Contents. Notice to Reader 2 Condensed Consolidated Financial Statements For the interim six month period ended June 30, 2011 (in ) Contents Notice to Reader 2 Condensed Consolidated Financial Statements Statements of Financial Position

More information

Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) 3. Condensed Consolidated Balance Sheet 4

Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) 3. Condensed Consolidated Balance Sheet 4 CONSOLIDATED FINANCIAL STATEMENTS For the fiscal year ended March 31, 2014 INDEX Page Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) 3 Condensed Consolidated Balance Sheet

More information

Symbility Solutions Inc. Interim Condensed Consolidated Financial Statements (Unaudited) Quarter ended March 31, 2016

Symbility Solutions Inc. Interim Condensed Consolidated Financial Statements (Unaudited) Quarter ended March 31, 2016 Interim Condensed Consolidated Financial Statements (Unaudited) Quarter ended Interim Consolidated Statements of Financial Position (Unaudited - In thousands of Canadian dollars) As at Note March 31, 2016

More information

DTS CORPORATION and Consolidated Subsidiaries. Unaudited Quarterly Consolidated Financial Statements for the Three Months Ended June 30, 2008

DTS CORPORATION and Consolidated Subsidiaries. Unaudited Quarterly Consolidated Financial Statements for the Three Months Ended June 30, 2008 DTS CORPORATION and Consolidated Subsidiaries Unaudited Quarterly Consolidated Financial Statements for the Three Months Ended June 30, 2008 DTS CORPORATION and Consolidated Subsidiaries Quarterly Consolidated

More information

DEFIANCE SILVER CORP. (an exploration stage company) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED DECEMBER 31, 2015

DEFIANCE SILVER CORP. (an exploration stage company) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED DECEMBER 31, 2015 (an exploration stage company) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED DECEMBER 31, (expressed in Canadian dollars) NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL

More information

Northern Blizzard Resources Inc. Condensed Consolidated Interim Financial Statements For the Three Months Ended March 31, 2016 and 2015 (Unaudited)

Northern Blizzard Resources Inc. Condensed Consolidated Interim Financial Statements For the Three Months Ended March 31, 2016 and 2015 (Unaudited) Northern Blizzard Resources Inc. Condensed Consolidated Interim Financial Statements (Unaudited) CONDENSED CONSOLIDATED INTERIM STATEMENT OF FINANCIAL POSITION In Canadian $000s (unaudited) As at March

More information

GUYANA GOLDFIELDS INC.

GUYANA GOLDFIELDS INC. Interim Consolidated Financial Statements MANAGEMENT'S RESPONSIBILITY FOR FINANCIAL REPORTING The accompanying unaudited interim consolidated financial statements of Guyana Goldfields Inc. (An exploration

More information

IMPACT Silver Corp. Interim Consolidated Financial Statements March 31, 2009 Unaudited

IMPACT Silver Corp. Interim Consolidated Financial Statements March 31, 2009 Unaudited Interim Consolidated Financial Statements Statement 1 Consolidated Balance Sheets ASSETS March 31 2009 December 31 2008 Current Cash and cash equivalents $ 5,357,480 $ 5,433,480 Accounts receivable and

More information

Unaudited Interim Consolidated Financial Statements and Footnotes July 3, 2011

Unaudited Interim Consolidated Financial Statements and Footnotes July 3, 2011 Unaudited Interim Consolidated Financial Statements and Footnotes July 3, 2011 1 MEXICAN RESTAURANTS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (unaudited) 7/3/2011 1/2/2011 ASSETS Current assets:

More information

TUCKAMORE CAPITAL MANAGEMENT INC.

TUCKAMORE CAPITAL MANAGEMENT INC. Consolidated Interim Financial Statements of TUCKAMORE CAPITAL MANAGEMENT INC. Three and Six Months Ended June 30, 2013 and 2012 (Unaudited) These statements have not been reviewed by an independent firm

More information

Advanced Vision Technology Ltd. 3 Months Report 2015 January 1st - March 31st

Advanced Vision Technology Ltd. 3 Months Report 2015 January 1st - March 31st Advanced Vision Technology Ltd. 3 Months Report 2015 January 1st - March 31st Dear Shareholder, In the first quarter of 2015, total order bookings were $12.9 million, compared with $13.1 million in the

More information

Condensed Interim Consolidated Financial Statements

Condensed Interim Consolidated Financial Statements Condensed Interim Consolidated Financial Statements Unaudited (Expressed in Canadian dollars) NOTICE TO READER: These condensed interim consolidated financial statements have not been reviewed by the Company's

More information

Consolidated Balance Sheets March 31, 2001 and 2000

Consolidated Balance Sheets March 31, 2001 and 2000 Financial Statements SEIKAGAKU CORPORATION AND CONSOLIDATED SUBSIDIARIES Consolidated Balance Sheets March 31, 2001 and 2000 Assets Current assets: Cash and cash equivalents... Short-term investments (Note

More information

Symbility Solutions Inc. Interim Condensed Consolidated Financial Statements (Unaudited) Quarter ended June 30, 2015

Symbility Solutions Inc. Interim Condensed Consolidated Financial Statements (Unaudited) Quarter ended June 30, 2015 Interim Condensed Consolidated Financial Statements (Unaudited) Quarter ended Interim Consolidated Statements of Financial Position (Unaudited - In thousands of Canadian dollars) 2015 As at December 31,

More information

Salesforce Announces Fiscal 2016 First Quarter Results Becomes First Enterprise Cloud Computing Company to Reach $6 Billion Revenue Run Rate

Salesforce Announces Fiscal 2016 First Quarter Results Becomes First Enterprise Cloud Computing Company to Reach $6 Billion Revenue Run Rate John Cummings Salesforce Investor Relations 415-778-4188 jcummings@salesforce.com Chi Hea Cho Salesforce Public Relations 415-281-5304 chcho@salesforce.com Salesforce Announces Fiscal 2016 First Quarter

More information

Chesapeake Gold Corp.

Chesapeake Gold Corp. Condensed Consolidated Interim Financial Statements June 30, 2015 Second Quarter (unaudited - expressed in thousands of Canadian dollars, except where indicated) Condensed Consolidated Interim Statements

More information

PYROGENESIS CANADA INC. AMENDED FINANCIAL STATEMENTS FOR THE INTERIM PERIOD ENDED JUNE 30, 2011

PYROGENESIS CANADA INC. AMENDED FINANCIAL STATEMENTS FOR THE INTERIM PERIOD ENDED JUNE 30, 2011 PYROGENESIS CANADA INC. AMENDED FINANCIAL STATEMENTS FOR THE INTERIM PERIOD ENDED JUNE 30, 2011 The unaudited interim condensed consolidated financial statements of (the Company ) for the three and six

More information

SunGard Capital Corp. SunGard Capital Corp. II SunGard Data Systems Inc.

SunGard Capital Corp. SunGard Capital Corp. II SunGard Data Systems Inc. United States Securities and Exchange Commission Washington, D.C. 20549 FORM 10-Q (Mark One) Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period

More information

Xebec Adsorption Inc.

Xebec Adsorption Inc. Condensed Interim Consolidated Financial Statements (Unaudited) The Condensed Interim Consolidated Financial Statements which are included in this Report have not been subject to a review by the Company

More information

SanDisk Corporation Preliminary Condensed Consolidated Statements of Operations (in thousands, except per share amounts, unaudited)

SanDisk Corporation Preliminary Condensed Consolidated Statements of Operations (in thousands, except per share amounts, unaudited) Preliminary Condensed Consolidated Statements of Operations (in thousands, except per share amounts, unaudited) Revenue $ 1,634,011 $ 1,476,263 $ 3,145,956 $ 2,816,992 Cost of revenue 854,640 789,614 1,595,679

More information

Consolidated Interim Earnings Report

Consolidated Interim Earnings Report Consolidated Interim Earnings Report For the Six Months Ended 30th September, 2003 23th Octorber, 2003 Hitachi Capital Corporation These financial statements were prepared for the interim earnings release

More information

Interim Financial Statements. Opsens Inc. (after merger) Three-month period ended November 30, 2006

Interim Financial Statements. Opsens Inc. (after merger) Three-month period ended November 30, 2006 Interim Financial Statements Opsens Inc. (after merger) Three-month period ended Interim Financial Statements Three-month period ended Notice These interim financial statements have not been reviewed by

More information

MASUPARIA GOLD CORPORATION

MASUPARIA GOLD CORPORATION CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS THREE MONTHS ENDED DECEMBER 31, 2011 and 2010 (expressed in Canadian Dollars) NOTICE TO READERS Under National Instrument 51-102, Part 4.3 (3)(a), if

More information

JOHN WILEY & SONS, INC. UNAUDITED SUMMARY OF OPERATIONS FOR THE FIRST QUARTER ENDED JULY 31, 2011 AND 2010 (in thousands, except per share amounts)

JOHN WILEY & SONS, INC. UNAUDITED SUMMARY OF OPERATIONS FOR THE FIRST QUARTER ENDED JULY 31, 2011 AND 2010 (in thousands, except per share amounts) UNAUDITED SUMMARY OF OPERATIONS FOR THE FIRST QUARTER ENDED JULY 31, 2011 AND 2010 (in thousands, except per share amounts) US GAAP First Quarter Ended Revenue $ 430,069 407,938 5% Costs and Expenses Cost

More information

An exploration stage company. Condensed Interim Consolidated Financial Statements

An exploration stage company. Condensed Interim Consolidated Financial Statements An exploration stage company Condensed Interim Consolidated Financial Statements (Expressed in US Dollars - unaudited) Condensed interim consolidated statements of financial position (Expressed in United

More information

Sierra Wireless Reports Second Quarter 2015 Results

Sierra Wireless Reports Second Quarter 2015 Results Sierra Wireless Reports Second Quarter 2015 Results Q2 2015 revenue of $158 million; 17% year-over-year growth Record revenue of $158.0 million, an increase of 17.0% compared to Q2 2014 Non-GAAP earnings

More information

Consolidated Financial Statements of MONUMENT MINING LIMITED (FORMERLY MONCOA CORPORATION) Three Months Ended as at September 30, 2007

Consolidated Financial Statements of MONUMENT MINING LIMITED (FORMERLY MONCOA CORPORATION) Three Months Ended as at September 30, 2007 Consolidated Financial Statements of MONUMENT MINING LIMITED (FORMERLY MONCOA CORPORATION) Three Months Ended as at September 30, 2007 UNAUDITED INTERIM FINANCIAL STATEMENT In accordance with National

More information

TITAN MEDICAL INC. Unaudited Condensed Interim Financial Statements Three and Nine Months Ended September 30, 2014 and 2013 (IN UNITED STATES DOLLARS)

TITAN MEDICAL INC. Unaudited Condensed Interim Financial Statements Three and Nine Months Ended September 30, 2014 and 2013 (IN UNITED STATES DOLLARS) Unaudited Condensed Interim Financial Statements and 2013 (IN UNITED STATES DOLLARS) Unaudited Condensed Interim Balance Sheets As at September 30, 2014 and December 31, 2013 ASSETS CURRENT September 30,

More information

EIGHT SOLUTIONS INC.

EIGHT SOLUTIONS INC. June 30, 2015 NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS Under National Instrument 51-102, part 4, subsection 4.3(3)(a), if an auditor has not performed a review of the condensed consolidated

More information

CORNING INCORPORATED AND SUBSIDIARY COMPANIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited; in millions, except per share amounts)

CORNING INCORPORATED AND SUBSIDIARY COMPANIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited; in millions, except per share amounts) CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited; in millions, except per share amounts) Three months ended March 31, 2006 2005 As Restated Net sales $ 1,262 $ 1,050 Cost of sales 689 621 Gross margin

More information

Lawson Software, Inc. 10 Q Quarterly report pursuant to sections 13 or 15(d) Filed on 10/8/2009 Filed Period 8/31/2009

Lawson Software, Inc. 10 Q Quarterly report pursuant to sections 13 or 15(d) Filed on 10/8/2009 Filed Period 8/31/2009 Lawson Software, Inc. 10 Q Quarterly report pursuant to sections 13 or 15(d) Filed on 10/8/2009 Filed Period 8/31/2009 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10 Q

More information

HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2013

HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2013 HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS MARCH 31, 2013 HARMONIC DRIVE SYSTEMS INC. AND CONSOLIDATED SUBSIDIARIES CONSOLIDATED BALANCE SHEETS ASSETS

More information

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS. June 30, 2012. (Expressed in U.S. dollars) (Unaudited)

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS. June 30, 2012. (Expressed in U.S. dollars) (Unaudited) INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS June 30, 2012 (Expressed in U.S. dollars) (Unaudited) CONTENTS INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS Interim Condensed Consolidated Statements

More information

MEDTRONIC, INC. WORLD WIDE REVENUE (Unaudited)

MEDTRONIC, INC. WORLD WIDE REVENUE (Unaudited) WORLD WIDE REVENUE ($ millions) 1 2 3 4 1 2 3 4 FY11 FY11 FY11 FY11 FY11 FY12 FY12 FY12 FY12 FY12 QTR 1 QTR 2 QTR 3 QTR 4 Total QTR 1 QTR 2 QTR 3 QTR 4 Total REPORTED REVENUE : CARDIAC RHYTHM DISEASE MANAGEMENT

More information

ZENN Motor Company Inc.

ZENN Motor Company Inc. Interim Consolidated Financial Statements For the three and six months ended Unaudited Notice to Reader The accompanying unaudited interim consolidated financial statements of ZENN Motor Company Inc. (the

More information

WESTERN DIGITAL CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS. (in millions; unaudited) ASSETS

WESTERN DIGITAL CORPORATION CONDENSED CONSOLIDATED BALANCE SHEETS. (in millions; unaudited) ASSETS CONDENSED CONSOLIDATED BALANCE SHEETS (in millions; unaudited) ASSETS Apr. 1, July 3, 2016 2015 Current assets: Cash and cash equivalents $ 5,887 $ 5,024 Short-term investments 146 262 Accounts receivable,

More information

N E W S R E L E A S E

N E W S R E L E A S E N E W S R E L E A S E FOR IMMEDIATE RELEASE Contact: Steven E. Nielsen, President and CEO H. Andrew DeFerrari, Senior Vice President and CFO (561) 627-7171 DYCOM INDUSTRIES, INC. ANNOUNCES FISCAL 2016

More information

Condensed Interim Consolidated Financial Statements Six months ended October 31, 2011 (Unaudited)

Condensed Interim Consolidated Financial Statements Six months ended October 31, 2011 (Unaudited) Condensed Interim Consolidated Financial Statements Six months ended October 31, 2011 (Unaudited) 500 435-4 th Avenue S.W. Calgary, AB T2P 3A8 Tel: 403-984-9798 NOTICE TO READER These condensed interim

More information

Interim Consolidated Financial Statements (Unaudited)

Interim Consolidated Financial Statements (Unaudited) Interim Consolidated Financial Statements (Unaudited) For the Six Months Ended, NTT FINANCE CORPORATION This document has been translated and reclassified from a part of the Japanese

More information

GUYANA GOLDFIELDS INC.

GUYANA GOLDFIELDS INC. Condensed Consolidated Interim Financial Statements (Unaudited, Expressed in United States Dollars) For the Three and Six Months Ended April 30, 2014 Guyana Goldfields Inc. Condensed Consolidated Interim

More information

Consolidated Financial Statements. FUJIFILM Holdings Corporation and Subsidiaries. March 31, 2015 with Report of Independent Auditors

Consolidated Financial Statements. FUJIFILM Holdings Corporation and Subsidiaries. March 31, 2015 with Report of Independent Auditors Consolidated Financial Statements FUJIFILM Holdings Corporation and Subsidiaries March 31, 2015 with Report of Independent Auditors Consolidated Financial Statements March 31, 2015 Contents Report of Independent

More information

Verifone Reports Results for the Second Quarter of Fiscal 2016

Verifone Reports Results for the Second Quarter of Fiscal 2016 Verifone Reports Results for the Second Quarter of Fiscal 2016 SAN JOSE, Calif. (BUSINESS WIRE) Verifone (NYSE: PAY), a world leader in payments and commerce solutions, today announced financial results

More information

D.E MASTER BLENDERS 1753 N.V.

D.E MASTER BLENDERS 1753 N.V. UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS For the six months periods ended 31 December 2012 and 31 December 2011 TABLE OF CONTENTS UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL

More information

INTERNATIONAL ROAD DYNAMICS INC.

INTERNATIONAL ROAD DYNAMICS INC. Consolidated Financial Statements of INTERNATIONAL ROAD DYNAMICS INC. MANAGEMENT S REPORT To the Shareholders of International Road Dynamics Inc. The information in this report, including the financial

More information

(An Exploration Stage Company) Condensed Interim Financial Statements (Unaudited Prepared by Management) (Expressed in Canadian Dollars)

(An Exploration Stage Company) Condensed Interim Financial Statements (Unaudited Prepared by Management) (Expressed in Canadian Dollars) Condensed Interim Financial Statements () Corporate Head Office 2300-1177 West Hastings Street Vancouver, BC Canada V6E 2K3 Tel: 604-638-3664 NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS

More information

AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions)

AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) CONSOLIDATED STATEMENTS OF CASH FLOWS CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD $ 8,084 $ 5,269 $ 3,777 OPERATING ACTIVITIES: Net income (loss) 274 (39) 631 Adjustments to reconcile net income (loss)

More information

(Formerly CVTech Group Inc.)

(Formerly CVTech Group Inc.) (Formerly CVTech Group Inc.) Condensed Interim Consolidated Financial Statements For the three months ended, 2014 Consolidated Statement of Financial Position (in thousands of Canadian dollars) December

More information

Condensed Interim Consolidated Financial Statements

Condensed Interim Consolidated Financial Statements Khan Resources Inc. Condensed Interim Consolidated Financial Statements June 30, 2015 In thousands of Canadian dollars (unaudited) NOTICE OF NO AUDITOR REVIEW OF INTERIM STATEMENTS The accompanying unaudited

More information

1. Basis of Preparation. 2. Summary of Significant Accounting Policies. Principles of consolidation. (a) Foreign currency translation.

1. Basis of Preparation. 2. Summary of Significant Accounting Policies. Principles of consolidation. (a) Foreign currency translation. Nitta Corporation and Subsidiaries Notes to Consolidated Financial Statements March 31, 1. Basis of Preparation The accompanying consolidated financial statements of Nitta Corporation (the Company ) and

More information

Salesforce delivered the following results for its fiscal fourth quarter and full fiscal year 2015:

Salesforce delivered the following results for its fiscal fourth quarter and full fiscal year 2015: John Cummings Salesforce Investor Relations 415-778-4188 jcummings@salesforce.com Chi Hea Cho Salesforce Public Relations 415-281-5304 chcho@salesforce.com Salesforce Announces Fiscal 2015 Fourth Quarter

More information

KYODO PRINTING CO., LTD. and Consolidated Subsidiaries

KYODO PRINTING CO., LTD. and Consolidated Subsidiaries KYODO PRINTING CO., LTD. and Consolidated Subsidiaries Interim Consolidated Financial Statements (Unaudited) for the, Interim Consolidated Balance Sheets, as compared with March 31, (Unaudited) ASSETS,

More information

Condensed Consolidated Interim Financial Statements Three Months Ended May 31, 2013 (Unaudited prepared by Management) (Expressed in Canadian

Condensed Consolidated Interim Financial Statements Three Months Ended May 31, 2013 (Unaudited prepared by Management) (Expressed in Canadian Condensed Consolidated Interim Financial Statements Three Months Ended May 31, 2013 (Unaudited prepared by Management) (Expressed in Canadian Dollars) 1 Condensed Consolidated Unaudited Interim Financial

More information

UNDERSTANDING CANADIAN PUBLIC SECTOR FINANCIAL STATEMENTS

UNDERSTANDING CANADIAN PUBLIC SECTOR FINANCIAL STATEMENTS June 2014 UNDERSTANDING CANADIAN PUBLIC SECTOR FINANCIAL STATEMENTS www.bcauditor.com TABLE OF CONTENTS Who Will Find this Guide Helpful 3 What a Set of Public Sector Financial Statements Includes 5 The

More information

ASTUR GOLD CORP. INTERIM CONSOLIDATED FINANCIAL STATEMENTS NINE MONTH PERIOD ENDED AUGUST 31, 2011

ASTUR GOLD CORP. INTERIM CONSOLIDATED FINANCIAL STATEMENTS NINE MONTH PERIOD ENDED AUGUST 31, 2011 INTERIM CONSOLIDATED FINANCIAL STATEMENTS NINE MONTH PERIOD ENDED UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENTS In accordance with National Instrument 51-102 released by the Canadian Securities Administrators,

More information

YAHOO INC FORM 10-Q. (Quarterly Report) Filed 08/07/15 for the Period Ending 06/30/15

YAHOO INC FORM 10-Q. (Quarterly Report) Filed 08/07/15 for the Period Ending 06/30/15 YAHOO INC FORM 10-Q (Quarterly Report) Filed 08/07/15 for the Period Ending 06/30/15 Address YAHOO! INC. 701 FIRST AVENUE SUNNYVALE, CA 94089 Telephone 4083493300 CIK 0001011006 Symbol YHOO SIC Code 7373

More information

Aastra Technologies Limited First Quarter ended March 31, 2003

Aastra Technologies Limited First Quarter ended March 31, 2003 Aastra Technologies Limited First Quarter ended March 31, 2003 AASTRA TECHNOLOGIES LIMITED MESSAGE TO OUR SHAREHOLDERS First Quarter ended March 31, 2003 To our Shareholders: Aastra Technologies Limited

More information