Our responsibility is to express an opinion on these standalone financial statements based on our audit.

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Our responsibility is to express an opinion on these standalone financial statements based on our audit."

Transcription

1 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF JET AIRWAYS TRAINING ACADEMY PRIVATE LIMITED Report on the Standalone Financial Statements We have audited the accompanying financial statements of JET AIRWAYS TRAINING ACADEMY PRIVATE LIMITED ("the Company"), which comprise the Balance Sheet as at 31 st, the Statement of Profit and Loss, the Cash Flow Statement for the year then ended, and a summary of the significant accounting policies and other explanatory information. Management's Responsibility for the Standalone Financial Statements The Company's Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 ("the Act") with respect to the preparation of these standalone financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these standalone financial statements based on our audit. We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made thereunder. We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Company's preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on whether the Company has in place an adequate internal financial controls system over financial reporting and the operating effectiveness of such controls. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Company's Directors, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone financial statements. Opinion In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at 31 st March, 2015, and its loss and its cash flows for the year ended on that date. Emphasis of Matter We draw attention to Note 14 in the financial statements which indicate that the Company s net worth is further eroded due to losses incurred during the year. Going concern assumption for the company is dependent upon the financial support from its parent company. Our Opinion is not qualified in respect of the above matter. 1

2 Report on Other Legal and Regulatory Requirements 1. As required by the Companies (Auditor s Report) Order, 2015 ( the Order ) issued by the Central Government in terms of Section 143(11) of the Act, we give in the Annexure a statement on the matters specified in paragraphs 3 and 4 of the Order. 2. As required by Section 143 (3) of the Act, we report that: (a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit. (b) (c) (d) (e) (f) (g) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those books. The Balance Sheet, the Statement of Profit and Loss, and the Cash Flow Statement dealt with by this Report are in agreement with the books of account. In our opinion, the aforesaid standalone financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, The matters described in under the Emphasis of Matters paragraph above, in our opinion, may have an adverse effect on the functioning of the Company. On the basis of the written representations received from the directors as on 31 st taken on record by the Board of Directors, none of the directors is disqualified as on 31 st from being appointed as a director in terms of Section 164 (2) of the Act. With respect to the other matters to be included in the Auditor's Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us: i. There were no pending litigations which would impact the financial position of the Company; ii. iii. The Company did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company. For CHATURVEDI & SHAH Chartered Accountants Firm Registration No.: W Place: Mumbai Parag D. Mehta Partner Membership No.: Date: 28 th May,

3 ANNEXURE TO THE INDEPENDENT AUDITORS REPORT (Referred to in paragraph 1 under Report on Other Legal and Regulatory Requirements section of our report of even date) 1) The Company does not hold any fixed assets. Thus paragraph 3(i) of the order is not applicable. 2) The Company does not hold any inventories. Thus paragraph 3(ii) of the order is not applicable. 3) According to the information and explanations given to us the Company has not granted any loans, secured or unsecured, to companies, firms or other parties covered in the register maintained under section 189 of the Companies Act Therefore, the paragraph 3(iii) (a) and (b) of the Order are not applicable. to the company. 4) During the year, the Company has neither purchased any inventory nor any fixed assets nor sold any goods and services. Accordingly paragraph 3(iv) of this Order does not apply in respect of the adequacy of internal control system for purchase of inventory, fixed assets and sale of goods or services. 5) According to information and explanations given to us, the Company has not accepted any deposit during the year. 6) According to information and explanations given to us, maintenance of cost records has not been prescribed for the Company by the Central Government under clause sub section (1) of section 148 of the Companies Act, ) According to the information and explanations given to us, in respect of statutory dues: a) Undisputed statutory dues, including provident fund, employees state insurance, income tax, sales-tax, value added tax, wealth tax, service tax, duty of customs, duty of excise, cess and any other material statutory dues, as applicable, have been generally regularly deposited with the appropriate authorities. There were no undisputed amounts payable in respect of provident fund, employee state insurance, sales tax, wealth tax, service tax, duty of customs, duty of excise, value added tax, cess and other material statutory dues in arrears as at 31 st for a period of more than six months from the date they became payable. b) According to the information and explanations given to us, there are no material dues of sales tax, wealth tax, duty of customs, duty of excise, value added tax, and cess which have not been deposited with the appropriate authorities on account of any dispute. c) According to the information and explanations given to us there were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company in accordance with the relevant provisions of the Companies Act, 1956 (1 of 1956) and rules there under. 8) The Company has been registered for a period less than five years and hence paragraph 3(viii) of the order does not apply to incurrence of cash losses in the current financial year or immediately preceding financial year. 9) The Company has not borrowed money from any financial institution or bank or by issue of debentures and hence defaulting in repayment of its dues does not arise. Therefore, paragraph 3(x) of this order does not apply to the company. 10) In our opinion and according to the information and the explanations given to us, the Company has not given any guarantee for loans taken by others from banks or financial institutions. 11) In our opinion and according to the information and explanations given to us, the term loans have been applied by the Company during the year for the purposes for which they were obtained. 3

4 12) According to the information and explanations given to us, no material fraud on or by the Company has been noticed or reported during the course of our audit. For CHATURVEDI & SHAH Chartered Accountants Firm Registration No.: W Place: Mumbai Parag D. Mehta Partner Membership No.: Date: 28 th May,

5 Balance Sheet as at 31 st Note No. EQUITY AND LIABILITIES Shareholders' Funds Share Capital 2 100, ,000 Reserves and Surplus 3 (306,411) (206,837) (206,411) (106,837) Non-Current Liabilities Long-term borrowings 4 500,000 - Current Liabilities Trade Payables 5 56, ,179 Other Current Liabilities 6 23, , ,179 ASSETS TOTAL 372,920 28,342 Current Assets Cash and Cash equivalents 7 372,920 28,342 TOTAL 372,920 28,342 The accompanying notes are an integral part of 1 the Financial Statements As per our attached report of even date For CHATURVEDI & SHAH On behalf of Board of Directors Chartered Accountants Parag D. Mehta Partner Gaurang Shetty Director Belson Coutinho Director Date: 28 th May, 2015 Place: Mumbai 1

6 Statement of Profit and Loss for the Year ended 31 st Note No. Ended 31 st Ended 31 st Income - - Total Revenue - - Expenses Finance cost 8 23, Other Expenses 9 76,423 92,988 Total expenses 99,574 93,157 Loss before Tax (99,574) (93,157) Tax Expense - Current Tax - - Loss for the period (99,574) (93,157) Earnings per Equity Share: (Face value ` 10 Per Share) Basic and Diluted (in ` ) 10 (9.96) (9.32) The accompanying notes are an integral part of 1 the Financial Statements As per our attached report of even date For CHATURVEDI & SHAH On behalf of Board of Directors Chartered Accountants Parag D. Mehta Partner Gaurang Shetty Director Belson Coutinho Director Date: 28 th May, 2015 Place: Mumbai 2

7 Cash Flow Statement for the Year ended 31 st Note No. Ended 31 st March,2015 Ended 31 st March,2014 Cash Flow from Operating Activities : Net loss Before Tax (99,574) (93,157) Adjustment for: Finance Cost 23,151 - Operating (Loss) before Working Capital Changes (76,423) (93,157) Changes in Trade Payables and Other Current Liabilities 78,999 21,499 Net cash from / (used in) operating activities (155,422) (71,658) Cash Flow from Investing Activities - - Net Cash Flow from / (used in) Investing Activities - - Cash Flow from Financing Activities Proceeds from Long Term Loan 500,000 - Net Cash from Financing Activities 500,000 - Net Increase in Cash & Cash Equivalents 344,578 (71,658) Cash and Cash Equivalents as at the Beginning of the period 28, ,000 Cash and Cash Equivalents as at End of the period 372,920 28,342 As per our attached report of even date For CHATURVEDI & SHAH Chartered Accountants On behalf of Board of Directors Parag D. Mehta Gaurrang Shetty Belson Coutinho Partner Director Director Date: 28 th May, 2015 Place: Mumbai 3

8 Notes to the Financial Statements for the Year ended 31st 1. Significant Accounting Policies A. BASIS OF PREPARATION OF FINANCIAL STATEMENTS : The financial statements are prepared under the historical cost convention, in accordance with the generally accepted accounting principles in India, the provisions of the Companies Act, 2013 and the applicable accounting standards. B. USE OF ESTIMATES : The preparation of financial statements in conformity with generally accepted accounting principles requires estimates and assumptions to be made that affect the reported amount of assets and liabilities on the date of the financial statements and the reported amount of revenue and expenses during the reporting period. Differences between the actual results and estimates are recognized in the period in which the results are known / materialized. C. REVENUE RECOGNITION : Revenue is recognized on accrual basis. D. TAXES : Provision for current tax is made after taking into consideration benefits admissible under the provisions of the Income Tax Act, Deferred tax resulting from timing differences between book and taxable profit is accounted for using the tax rates and laws that have been enacted or substantively enacted as on the balance sheet date. The deferred tax asset is recognized and carried forward only to the extent that there is a reasonable / virtual certainty, as the case may be, that the asset will be realized in future. E. PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS : Provisions involving a substantial degree of estimation in measurement are recognized when there is a present obligation as a result of past events and it is probable that there will be an outflow of resources. Contingent Liabilities are not recognized but are disclosed in the notes. Contingent Assets are neither recognized nor disclosed in the financial statements. F. BORROWING COSTS : Borrowing costs attributable to the acquisition or construction of a qualifying asset are capitalised as part of the cost of such assets. A qualifying asset is one that necessarily takes substantial period of time to get ready for intended use. All other borrowing costs are recognized as an expense in the period in which they are incurred G. PRELIMINARY EXPENSES: Preliminary expenses are written off in the period in which it incurred. 4

9 2. Share Capital Authorised 50,000 Equity Shares of ` 10/- each (Previous Year 50,000 Equity Shares of ` 10/- each) Issued, subscribed and Fully Paid up: 10,000 Equity Shares: Face value of ` 10/- each (Previous Year 10,000 Equity Shares of ` 10/- each) a. Reconciliation of Number of Shares March, 2015 March, , , , , , ,000 TOTAL 100, ,000 As at 31st Number Number of shares of shares Issued, Subscribed and Fully Paid up: Equity Shares: Face value of ` 10/- each Outstanding as at the beginning of the year 10, ,000 10, ,000 Add : Issued during the year Outstanding as at the end of the year 10, ,000 10, ,000 b. Shareholders holding more than 5% of share capital and shares held by Holding Company / Ultimate Holding Company Name of the Shareholder Equity Shares Jet Airways (India) Limited (Holding Company) and its nominee Number of shares Percentage of holding Number of shares Percentage of holding 10, % 10, % Terms and Rights attached to Equity Shares The Company has equity shares having a par value of ` 10/-. Each holder of equity shares is entitled to one vote per share. The Company declares and pays dividends if any, in Indian rupees. The dividend proposed, if any, by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the remaining assets of the company, after distribution of all preferential amount. 3. Reserves and Surplus Deficit in Statement of Profit and Loss Balance as per Last Balance Sheet (206,837) (113,680) Loss for the year (99,574) (93,157) Deficit at the end of the year (306,411) (206,837) 5

10 4. Long Term Borrowings Loans from Related Parties 500, ,000 - Salient Terms Loan of ` 500,000 (Previous Year ` Nil) is an interest rate bearing loan taken from the Holding Company to support its operations and is repayable in March, Interest is charge by holding p.a. 5. Trade Payables Trade payables Total outstanding dues to Micro, Small and Medium Enterprises - - Others for Goods and Services 56, ,179 TOTAL 56, ,179 Under the Micro, Small and Medium Enterprise Development Act, 2006, which came into force from October 2, 2006, certain disclosures are required to be made relating to micro and small enterprise. The Company has taken necessary steps to seek relevant information from its suppliers about the coverage under the Act. According to information available with the management, no amounts are outstanding pertaining to covered creditors for a period more than 45 days. 6. Other Current Liabilities Interest accrued but not due 23,151 - TOTAL 23, Cash and Cash Equivalents Balances with Banks In Current Accounts 372,920 28,342 TOTAL 372,920 28,342 6

11 8. Finance Cost ended 31st ended 31st Interest Expenses 23, TOTAL 23, Other Expenses ended 31st ended 31st Auditors Remuneration- Audit Fee 56,180 56,180 Professional Fees 6,067 33,708 Filing Fees 14,176 3, Earnings Per Share (EPS) TOTAL 76,423 92,988 The earnings per equity share, computed as per the requirements of Accounting Standard 20 Earnings Per Share issued by the Institute of Chartered Accountants of India, is as under: ended 31st ended 31st Loss after tax (99,574) (93,157) Amount available for Equity Share holders A (99,574) (93,157) Weighted Average No. of Equity Shares outstanding during the period B 10,000 10,000 Nominal Value of Equity Shares (`) Basic and Diluted EPS (`) (A/B) (9.96) (9.32) 11. Related Party Transactions As per Accounting Standard - 18 on Related Party Disclosures issued by the Institute of Chartered Accountants of India, the disclosure of transactions with the related party as defined in the Accounting Standard are given below: i. List of Related Parties with whom transactions have taken place and Relationships Sr. No. Name of the related party Nature of relationship 1.. Jet Airways (India) Limited Holding Company ii. List of Related Parties with whom no transactions have taken place and Relationships Sr. No. Name of the related party Nature of relationship 1.. Naresh Goyal Controlling Shareholders of Holding Company 2. Tail Winds Limited (Upto 30 th May, 2013) Ultimate Holding Company 3. Jet Lite India Limited Fellow Subsidiary 4. Fellow subsidiary upto 23 rd Jet Privilege Private Limited Effective 24th, enterprise over which Holding Company having significant Influence 5. Etihad Airways PJSC (w.e.f.20 th November, 2013) Enterprise which exercises Significant Influence 7

12 iii. Transactions during the year ended 31 st and balances with related parties Holding company Jet Airways (India) Limited Transactions during the year : - Loan Received 500, Interest Expense 23,151 Closing Balance - Interest accrued but not due 23,151 - Loan 500, Segment Reporting: The Company operates in single business segment of providing training and educational services in various fields. It also operates in a single geographical segment viz. India since all its customers and assets are located in India. 13. As a matter of prudence, deferred tax asset on account of preliminary expenses has not been recognized. 14. The Company to get financial support from the holding company and has also been assured of such assistance in future. In view of the fact that the holding company has also incurred losses and its net-worth is fully eroded as at the end of the year, the going concern assumption for the Company is dependent on the ability of the holding company to raise adequate funds. As the management of the holding company is hopeful of being able to raise necessary funds, the Company has prepared its accounts on going concern basis despite of erosion in its net-worth due to losses suffered. 15. Previous Years Figures Previous year s figures have been regrouped / reclassified wherever necessary to correspond with the current year s classification / presentation. As per our attached report of even date For CHATURVEDI & SHAH On behalf of Board of Directors Chartered Accountants Parag D. Mehta Gaurang Shetty Belson Coutinho Partner Director Director Date : 28 th May, 2015 Place: Mumbai 8

IDEA CELLULAR SERVICES LIMITED ANNUAL REPORT 2014-15

IDEA CELLULAR SERVICES LIMITED ANNUAL REPORT 2014-15 ANNUAL REPORT 2014-15 Independent Auditors Report To the Members of Idea Cellular Services Limited Report on the Financial Statements We have audited the accompanying financial statements of Idea Cellular

More information

924 RELIANCE COMMERCIAL LAND & INFRASTRUCTURE LIMITED. Reliance Commercial Land & Infrastructure Limited

924 RELIANCE COMMERCIAL LAND & INFRASTRUCTURE LIMITED. Reliance Commercial Land & Infrastructure Limited 924 RELIANCE COMMERCIAL LAND & INFRASTRUCTURE LIMITED Reliance Commercial Land & Infrastructure Limited RELIANCE COMMERCIAL LAND & INFRASTRUCTURE LIMITED 925 Independent Auditor s Report To the Members

More information

DIRECTORS REPORT TO THE MEMBERS

DIRECTORS REPORT TO THE MEMBERS DIRECTORS REPORT TO THE MEMBERS Your Directors present their Fourth Report together with the audited accounts of the Company for the year ended 31 st March, 2013. FINANCIAL HIGHLIGHTS Particulars For the

More information

REPORT OF THE DIRECTORS FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2014 1. Your Directors hereby submit their Report and Accounts for the financial year ended 31st March, 2014. 2. COMPANY PERFORMANCE Your

More information

URBAN GAS SUPPLIERS LIMITED Regd. Office: 11B, Mittal Towers, Nariman Point, Mumbai 400 021 DIRECTORS REPORT

URBAN GAS SUPPLIERS LIMITED Regd. Office: 11B, Mittal Towers, Nariman Point, Mumbai 400 021 DIRECTORS REPORT URBAN GAS SUPPLIERS LIMITED Regd. Office: 11B, Mittal Towers, Nariman Point, Mumbai 400 021 DIRECTORS REPORT The Directors of your Company are pleased to present the Fourth Annual Report together with

More information

DIRECTORS REPORT TO THE MEMBERS

DIRECTORS REPORT TO THE MEMBERS DIRECTORS REPORT TO THE MEMBERS Your Directors present their Fifth Report together with the audited accounts of the Company for the year ended 31 st March, 2013. FINANCIAL HIGHLIGHTS For the year ended

More information

SUBHAM VINIYOG PRIVATE LIMITED DIRECTORS REPORT

SUBHAM VINIYOG PRIVATE LIMITED DIRECTORS REPORT SUBHAM VINIYOG PRIVATE LIMITED DIRECTORS REPORT The Directors present herewith their Twenty Eighth Annual Report together with Audited Statements of Accounts for the year ended 31st March, 2015. FINANCIAL

More information

ANNUAL REPORT OF CAMBRIC MANAGED SERVICES

ANNUAL REPORT OF CAMBRIC MANAGED SERVICES ANNUAL REPORT OF CAMBRIC MANAGED SERVICES CAMBRIC MANAGED SERVICES INC. Directors of the Company 1 Directors Report 2-3 Financial Statements 4-5 Notes forming part of Financial Statements 6-10 CAMBRIC

More information

ANNUAL REPORT OF MIDWEST MANAGED SERVICES

ANNUAL REPORT OF MIDWEST MANAGED SERVICES ANNUAL REPORT OF MIDWEST MANAGED SERVICES MIDWEST MANAGED SERVICES INC. Directors of the Company 1 Directors Report 2-3 Financial Statements 4-6 Notes forming part of Financial Statements 7-11 MIDWEST

More information

WIPRO DOHA LLC FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED MARCH 31, 2016

WIPRO DOHA LLC FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED MARCH 31, 2016 WIPRO DOHA LLC FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED MARCH 31, 2016 WIPRO DOHA LLC BALANCE SHEET (Amount in ` except share and per share data, unless otherwise stated) As at March 31, 2016

More information

DIRECTORS REPORT. The issued share capital of the Company as at March 31, 2011, was Rs. 5,00,000 divided into 50,000 equity shares of Rs. 10/ each.

DIRECTORS REPORT. The issued share capital of the Company as at March 31, 2011, was Rs. 5,00,000 divided into 50,000 equity shares of Rs. 10/ each. DIRECTORS REPORT Dear Members, Your Directors are pleased to present the Second Annual Report of your Company together with the Audited Statement of Accounts for the financial year, April 1, 2010 to. FINANCIAL

More information

Firstsource Process Management Services Limited

Firstsource Process Management Services Limited Firstsource Process Management Services Limited (Formerly known as Anunta Tech Infrastructure Services Limited) Financial Statements for the financial year ended March 31, 2016 (formerly known as

More information

None of the Directors had an interest in the shares of the company at any time during the year.

None of the Directors had an interest in the shares of the company at any time during the year. EMAMI BANGLADESH LIMITED DIRECTORS REPORT FOR THE PERIOD 01 st APRIL 2014 TO 31 st MARCH 2015 The directors present their report and the financial statements for the period 1 st April 2014 to 31 st March

More information

Oracle (OFSS) Processing Services Limited. Directors Report

Oracle (OFSS) Processing Services Limited. Directors Report Directors Report Dear Members, Your Directors take pleasure in bringing you the Sixth Annual Report of your Company along with the Audited Accounts of the Company for the financial year from April 01,

More information

CONSOLIDATED FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS 112 CONSOLIDATED FINANCIAL STATEMENTS Annual Report 2014-15 Independent Auditor s Report TO THE MEMBERS OF GODREJ INDUSTRIES LIMITED Report on the Consolidated Financial Statements We have audited the

More information

Roche Capital Market Ltd Financial Statements 2009

Roche Capital Market Ltd Financial Statements 2009 R Roche Capital Market Ltd Financial Statements 2009 1 Roche Capital Market Ltd, Financial Statements Reference numbers indicate corresponding Notes to the Financial Statements. Roche Capital Market Ltd,

More information

DUBLIN CORE METADATA INITIATIVE LIMITED (Co. Reg. No. 200823602C) (Incorporated in the Republic of Singapore)

DUBLIN CORE METADATA INITIATIVE LIMITED (Co. Reg. No. 200823602C) (Incorporated in the Republic of Singapore) (Incorporated in the Republic of Singapore) AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION FOR THE PERIOD FROM 23 DECEMBER 2008 (DATE OF INCORPORATION) TO 30 JUNE 2009 LAM/KCH DIRECTORS REPORT

More information

TCS Financial Solutions Australia (Holdings) Pty Limited. ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015

TCS Financial Solutions Australia (Holdings) Pty Limited. ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015 TCS Financial Solutions Australia (Holdings) Pty Limited ABN 61 003 653 549 Financial Statements for the year ended 31 March 2015 Contents Page Directors' report 3 Statement of profit or loss and other

More information

Roche Capital Market Ltd Financial Statements 2014

Roche Capital Market Ltd Financial Statements 2014 Roche Capital Market Ltd Financial Statements 2014 1 Roche Capital Market Ltd - Financial Statements 2014 Roche Capital Market Ltd, Financial Statements Roche Capital Market Ltd, statement of comprehensive

More information

Mantas India Private Limited. Directors Report

Mantas India Private Limited. Directors Report Mantas India Private Limited Directors Report Dear Members, Your Directors take pleasure in bringing you the Annual Report of your Company along with the Audited Accounts for the financial year from April

More information

462 IBN18 (MAURITIUS) LIMITED. IBN18 (Mauritius) Limited

462 IBN18 (MAURITIUS) LIMITED. IBN18 (Mauritius) Limited 462 IBN18 (MAURITIUS) LIMITED IBN18 (Mauritius) Limited IBN18 (MAURITIUS) LIMITED 463 Independent Auditors Report Independent Auditors Report to the member of IBN18 (Mauritius) Limited Report on the Financial

More information

BEGINNING ON OR AFTER APRIL 1, 2012) I.534 Auditing and Assurance

BEGINNING ON OR AFTER APRIL 1, 2012) I.534 Auditing and Assurance I.534 Auditing and Assurance SA 706 EMPHASIS OF MATTER PARAGRAPHS AND OTHER MATTER PARAGRAPHS IN THE INDEPENDENT AUDITOR S REPORT (EFFECTIVE FOR ALL AUDITS RELATING TO ACCOUNTING PERIODS BEGINNING ON OR

More information

Roche Capital Market Ltd Financial Statements 2012

Roche Capital Market Ltd Financial Statements 2012 R Roche Capital Market Ltd Financial Statements 2012 1 Roche Capital Market Ltd - Financial Statements 2012 Roche Capital Market Ltd, Financial Statements Reference numbers indicate corresponding Notes

More information

SSPDL REALTY INDIA PRIVATE LIMITED DIRECTORS' REPORT

SSPDL REALTY INDIA PRIVATE LIMITED DIRECTORS' REPORT DIRECTORS' REPORT To The Members Your Directors have pleasure in presenting the Eighth Annual Report on the business and operations of the Company together with the audited accounts for the financial year

More information

Himatsingka America, Inc. Audited Financial Statements 2014-15

Himatsingka America, Inc. Audited Financial Statements 2014-15 Himatsingka America, Inc. Audited Financial Statements 2014-15 INDEPENDENT AUDITORS' REPORT To the Board of Directors, Himatsingka Seide Limited Bangalore, India Report on the Financial Statements We have

More information

Corporate Information 1. Directors Report 2. Auditors Report 4. Balance Sheet 6. Profit & Loss Account 7. Cash Flow Statement 8.

Corporate Information 1. Directors Report 2. Auditors Report 4. Balance Sheet 6. Profit & Loss Account 7. Cash Flow Statement 8. SHRIRAM EQUIPMENT FINANCE COMPANY LIMITED SECOND ANNUAL REPORT 2010-2011 Contents Corporate Information 1 Directors Report 2 Auditors Report 4 Balance Sheet 6 Profit & Loss Account 7 Cash Flow Statement

More information

1) M.g.t. Cements Private Limited 03-16. 2) Chemical Limes Mundwa Private Limited 17-32. 3) Kakinada Cements Limited 33-40

1) M.g.t. Cements Private Limited 03-16. 2) Chemical Limes Mundwa Private Limited 17-32. 3) Kakinada Cements Limited 33-40 CONTENT 1) M.g.t. Cements Private Limited 03-16 2) Chemical Limes Mundwa Private Limited 17-32 3) Kakinada Cements Limited 33-40 4) Dirk India Private Limited 41-60 5) Dang Cements Industries Private Limited,

More information

SHROPSHIRE CHAMBER LIMITED

SHROPSHIRE CHAMBER LIMITED Registered number: 1016036 SHROPSHIRE CHAMBER LIMITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS COMPANY INFORMATION Directors I Davies P Guy N Howarth S D MacVicker D Peden H J Wakefield D Williams K

More information

Audited Financial Statements for the year ended 31 March 2015

Audited Financial Statements for the year ended 31 March 2015 Audited Financial Statements for the year ended 2015 Page Auditors Report on the Financial Statements 1 Balance Sheet 5 Statement of Profit and Loss 6 Notes to the Financial Statements 7 Cash Flow Statement

More information

WIPRO NETWORKS PTE LTD, SINGAPORE

WIPRO NETWORKS PTE LTD, SINGAPORE SCHEDULE 10 SIGNIFICANT ACCOUNTING POLICIES 10.1 Company overview Wipro Networks Pte Limited ( the Company ) is a subsidiary of Wipro limited ( the holding company ). The functional currency of the Company

More information

F INANCIAL S TATEMENTS. BSFC-Private Student Loan Trust Year Ended June 30, 2014 With Independent Auditors Report

F INANCIAL S TATEMENTS. BSFC-Private Student Loan Trust Year Ended June 30, 2014 With Independent Auditors Report F INANCIAL S TATEMENTS BSFC-Private Student Loan Trust Year Ended June 30, 2014 With Independent Auditors Report BSFC-PRIVATE STUDENT LOAN TRUST Financial Statements Year Ended June 30, 2014 Contents Independent

More information

Rev Re i v sed e Scheduled VI Dhinal Shah Charte Chart re r d Accoun Accoun a t nt

Rev Re i v sed e Scheduled VI Dhinal Shah Charte Chart re r d Accoun Accoun a t nt Revised Scheduled VI Dhinal Shah Chartered Accountant Structure of Presentation Setting the Context Structure of Revised Schedule VI Key Changes Key Points Setting the Context Setting the Context Towards

More information

Guelph Chamber of Commerce Financial Statements For the Year Ended June 30, 2015

Guelph Chamber of Commerce Financial Statements For the Year Ended June 30, 2015 Financial Statements For the Year Ended June 30, 2015 Financial Statements For the Year Ended June 30, 2015 Contents Independent Auditor's Report 1 Financial Statements Statement of Financial Position

More information

Sable International Finance Limited

Sable International Finance Limited Company registration no. CD-207737 Sable International Finance Limited Registered Office: Card Corporate Services Limited Zephyr House, 122 Mary Street PO Box 709 Grand Cayman KY1-1107 Cayman Islands Contents

More information

DESIGNIT OSLO A/S STANDALONE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED MARCH 31, 2016

DESIGNIT OSLO A/S STANDALONE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED MARCH 31, 2016 DESIGNIT OSLO A/S STANDALONE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED MARCH 31, 2016 Payables include balances due to Micro & Small Enterprises ` NIL as on 31 st March 2016. *Trade 1. Company

More information

LEGEND ENTERTAINMENT LIMITED 傳 奇 娛 樂 有 限 公 司 (Incorporated in Hong Kong with limited liability)

LEGEND ENTERTAINMENT LIMITED 傳 奇 娛 樂 有 限 公 司 (Incorporated in Hong Kong with limited liability) LEGEND ENTERTAINMENT LIMITED (Incorporated in Hong Kong with limited liability) REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST DECEMBER 2011 LEGEND ENTERTAINMENT LIMITED Reports and Contents

More information

Draft for discussion purposes. April 14, 2014 FINANCIAL STATEMENTS DRAFT EXCELLENCE CANADA. December 31, 2013

Draft for discussion purposes. April 14, 2014 FINANCIAL STATEMENTS DRAFT EXCELLENCE CANADA. December 31, 2013 Draft for discussion purposes April 14, 2014 FINANCIAL STATEMENTS EXCELLENCE CANADA CONTENTS Page INDEPENDENT AUDITOR'S REPORT 1 FINANCIAL STATEMENTS Balance sheet 3 Statement of changes in net assets

More information

Consolidated Financial Statements. Forestry Innovation Investment Ltd. March 31, 2014

Consolidated Financial Statements. Forestry Innovation Investment Ltd. March 31, 2014 Consolidated Financial Statements Forestry Innovation Investment Ltd. Contents Page Independent Auditor's Report 1-2 Consolidated Statement of Financial Position 3 Consolidated Statement of Operations

More information

Dhanamitr Factoring Public Company Limited (Formerly: Dhanamitr Factoring Company Limited)

Dhanamitr Factoring Public Company Limited (Formerly: Dhanamitr Factoring Company Limited) Annual financial statements and Audit report of Certified Public Accountant For the years ended 31 December 2005 and 2004 DHANA MITR FACTORING COMPANY LIMITED Notes to Financial Statements (Continued)

More information

RANBAXY EGYPT COMPANY (L.L.C.) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT

RANBAXY EGYPT COMPANY (L.L.C.) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2015 TOGETHER WITH AUDITOR S REPORT Translation of Auditor s report AUDITOR S REPORT TO THE SHAREHOLDERS OF Report on the Financial Statements We have audited

More information

The notes referred to above form an integral part of the balance sheet As per our report of even date attached for Appaji & co

The notes referred to above form an integral part of the balance sheet As per our report of even date attached for Appaji & co WIPRO TRAVEL SERVICES LIMITED BALANCE SHEET AS AT MARCH 31, 2015 Notes As on March 31, EQUITY AND LIABILITIES Shareholder's funds Share capital 3.1 661,710 661,710 Reserves and surplus 3.2 94,336,904 81,394,236

More information

Large Company Limited. Report and Accounts. 31 December 2009

Large Company Limited. Report and Accounts. 31 December 2009 Registered number 123456 Large Company Limited Report and Accounts 31 December 2009 Report and accounts Contents Page Company information 1 Directors' report 2 Statement of directors' responsibilities

More information

TRADES TRAINING CONSORTIUM OF BRITISH COLUMBIA

TRADES TRAINING CONSORTIUM OF BRITISH COLUMBIA Financial Statements of TRADES TRAINING CONSORTIUM OF BRITISH COLUMBIA Year ended March 31, 2015 KPMG LLP Chartered Accountants Metrotower II Suite 2400-4720 Kingsway Burnaby BC V5H 4N2 Canada Telephone

More information

FINANCIAL STATEMENTS. Alberta Beverage Container Recycling Corporation. Contents

FINANCIAL STATEMENTS. Alberta Beverage Container Recycling Corporation. Contents 1 FINANCIAL STATEMENTS Alberta Beverage Container Recycling Corporation Contents 2 Independent Auditor s Report 3 Statement of Operations and Changes in Net Assets 4 Statement of Financial Position 5 Statement

More information

BA-CA Finance (Cayman) Limited Financial Statements

BA-CA Finance (Cayman) Limited Financial Statements Financial Statements and Independent Auditors Report Deloitte & Touche One Capital Place P.O. Box 1787 Grand Cayman KY1-1109 CAYMAN ISLANDS INDEPENDENT AUDITORS REPORT Tel: +1 345 949 7500 Fax:+1 345 949

More information

DIRECTORS REPORT TO THE MEMBERS

DIRECTORS REPORT TO THE MEMBERS DIRECTORS REPORT TO THE MEMBERS Your Directors present their Twelfth Report together with the audited accounts of your Company for the year ended 31 st March, 2013. FINANCIAL RESULTS (Amount in Rupees)

More information

A&W Food Services of Canada Inc. Consolidated Financial Statements December 30, 2012 and January 1, 2012 (in thousands of dollars)

A&W Food Services of Canada Inc. Consolidated Financial Statements December 30, 2012 and January 1, 2012 (in thousands of dollars) A&W Food Services of Canada Inc. Consolidated Financial Statements December 30, and January 1, (in thousands of dollars) February 12, 2013 Independent Auditor s Report To the Shareholders of A&W Food Services

More information

REVENUES & BENEFITS SHARED SERVICE STATEMENT OF ACCOUNTS 2012/13 LANCASTER CITY COUNCIL PRESTON CITY COUNCIL

REVENUES & BENEFITS SHARED SERVICE STATEMENT OF ACCOUNTS 2012/13 LANCASTER CITY COUNCIL PRESTON CITY COUNCIL REVENUES & BENEFITS SHARED SERVICE STATEMENT OF ACCOUNTS 2012/13 LANCASTER CITY COUNCIL PRESTON CITY COUNCIL CONTENTS Page Explanatory Foreword 2 Statement of Responsibilities 5 Statement of Accounting

More information

THE SLEEP HEALTH FOUNDATION A.B.N. 91 138 737 854 FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2015

THE SLEEP HEALTH FOUNDATION A.B.N. 91 138 737 854 FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2015 FINANCIAL REPORT FOR THE YEAR ENDED 30 JUNE 2015 Liability limited by a scheme approved under Professional Standards Legislation CONTENTS PAGE Directors Report Auditor's Independence Declaration Statement

More information

THE NATURAL HISTORY MUSEUM TRADING COMPANY LIMITED

THE NATURAL HISTORY MUSEUM TRADING COMPANY LIMITED THE NATURAL HISTORY MUSEUM TRADING COMPANY LIMITED Company No. 2909192 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2011 Company Information Directors Mr Oliver Stocken (Chairman) Mr Daniel Alexander

More information

EFG HELLAS (CAYMAN ISLANDS) LIMITED

EFG HELLAS (CAYMAN ISLANDS) LIMITED Report and accounts 31 December 2003 Registered No. CR - 117363 Cayman Islands Registered office: PO Box 309 GT Ugland House South Church Street George Town Grand Cayman, Cayman Islands Report of the Directors

More information

NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS

NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS NAS 03 NEPAL ACCOUNTING STANDARDS ON CASH FLOW STATEMENTS CONTENTS Paragraphs OBJECTIVE SCOPE 1-3 BENEFITS OF CASH FLOWS INFORMATION 4-5 DEFINITIONS 6-9 Cash and cash equivalents 7-9 PRESENTATION OF A

More information

10 Audit of Consolidated Financial Statements

10 Audit of Consolidated Financial Statements 101 Introduction 10 Audit of Consolidated Financial Statements The Council of the Institute of Chartered Accountants of India has issued Accounting Standard (AS) 21 Consolidated Financial Statements which

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

CROSSWORD CYBERSECURITY PLC

CROSSWORD CYBERSECURITY PLC Registered number: 08927013 CROSSWORD CYBERSECURITY PLC AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2014 COMPANY INFORMATION DIRECTORS T Ilube J Bottomley Professor D Secher

More information

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HEXAWARE TECHNOLOGIES LIMITED. Report on the Consolidated Financial Statements

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HEXAWARE TECHNOLOGIES LIMITED. Report on the Consolidated Financial Statements INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF HEXAWARE TECHNOLOGIES LIMITED Report on the Consolidated Financial Statements We have audited the accompanying consolidated financial statements of HEXAWARE

More information

Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows

Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows Contents Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows Paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS 6 9 Cash and cash equivalents 7 9 PRESENTATION OF

More information

Registration Number 366326. The Edith Wilkins Street Children Foundation (India) Ltd. Directors' Report and Financial Statements

Registration Number 366326. The Edith Wilkins Street Children Foundation (India) Ltd. Directors' Report and Financial Statements Registration Number 366326 The Edith Wilkins Street Children Foundation (India) Ltd Directors' Report and Financial Statements for the year ended 31 December 2009 Contents Page Directors and other information

More information

INDEPENDENT AUDITOR S REPORT

INDEPENDENT AUDITOR S REPORT To the members of The Duty Lawyer Service (Incorporated in Hong Kong with liability limited by guarantee) INDEPENDENT AUDITOR S REPORT We have audited the financial statements of The Duty Lawyer Service

More information

INTERNATIONAL STANDARD ON AUDITING 570 GOING CONCERN CONTENTS

INTERNATIONAL STANDARD ON AUDITING 570 GOING CONCERN CONTENTS INTERNATIONAL STANDARD ON AUDITING 570 GOING CONCERN (Effective for audits of financial statements for periods ending on or after December 31, 2000, but contains conforming amendments that become effective

More information

PRELIMINARY RESULTS FOR HALF YEAR ENDED 30 SEPTEMBER 2015

PRELIMINARY RESULTS FOR HALF YEAR ENDED 30 SEPTEMBER 2015 Page 1 PRELIMINARY RESULTS FOR HALF YEAR ENDED 30 SEPTEMBER 2015 Reporting Period 6 months to 30 September 2015 Reporting Period 6 months to 30 September 2014 Amount NZ$ 000 Percentage Change % Revenue

More information

Accounting and Reporting Policy FRS 102. Staff Education Note 14 Credit unions - Illustrative financial statements

Accounting and Reporting Policy FRS 102. Staff Education Note 14 Credit unions - Illustrative financial statements Accounting and Reporting Policy FRS 102 Staff Education Note 14 Credit unions - Illustrative financial statements Disclaimer This Education Note has been prepared by FRC staff for the convenience of users

More information

THE REGISTER OF ELECTRICAL CONTRACTORS OF IRELAND LIMITED. Company Limited by Guarantee FINANCIAL STATEMENTS

THE REGISTER OF ELECTRICAL CONTRACTORS OF IRELAND LIMITED. Company Limited by Guarantee FINANCIAL STATEMENTS THE REGISTER OF ELECTRICAL CONTRACTORS OF IRELAND Company Limited by Guarantee FINANCIAL STATEMENTS 31st DECEMBER 2011 COMPANY BY GUARANTEE FINANCIAL STATEMENTS CONTENTS PAGE Officers and professional

More information

AUDITORS REPORT. To, The Partners of Shri Ram Electricity LLP

AUDITORS REPORT. To, The Partners of Shri Ram Electricity LLP AUDITORS REPORT To, The Partners of Shri Ram Electricity LLP 1. We have audited the attached Balance Sheet of Shri Ram Electricity LLP for the year ended as at 31 st March, 2011. These financial statements

More information

NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED

NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED FINANCIAL STATEMENTS MARCH 31, 2014 NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED INDEX MARCH 31, 2014 INDEPENDENT AUDITORS REPORT 1 STATEMENT

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

Reporting requirements for non-reporting entities

Reporting requirements for non-reporting entities REGULATORY GUIDE 85 Reporting requirements for non-reporting entities July 2005 What this guide is about 1 This guide provides guidance on application of the reporting entity test and the reporting obligations

More information

Disclosure of Accounting Policies

Disclosure of Accounting Policies 1 Accounting Standard (AS) 1 Disclosure of Accounting Policies Contents INTRODUCTION Paragraphs 1-8 EXPLANATION 9-23 Fundamental Accounting Assumptions 9-10 Nature of Accounting Policies 11-13 Areas in

More information

Financial Statement Analysis: An Introduction

Financial Statement Analysis: An Introduction Financial Statement Analysis: An Introduction 2014 Level I Financial Reporting and Analysis IFT Notes for the CFA exam Contents 1. Introduction... 3 2. Scope of Financial Statement Analysis... 3 3. Major

More information

Financial statements. Standardbred Canada (Incorporated under the Animal Pedigree Act) October 31, 2012

Financial statements. Standardbred Canada (Incorporated under the Animal Pedigree Act) October 31, 2012 Financial statements Standardbred Canada (Incorporated under the Animal Pedigree Act) (Incorporated under the Animal Pedigree Act) Contents Page Independent Auditors Report 1-2 Statement of operations

More information

NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED MARCH 31, 2013 FINANCIAL STATEMENTS. ColUns Barrow. Chartered Acaorntarrta

NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED MARCH 31, 2013 FINANCIAL STATEMENTS. ColUns Barrow. Chartered Acaorntarrta NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED FINANCIAL STATEMENTS MARCH 31, 2013 ColUns Barrow Chartered Acaorntarrta NOVA SCOTIA STRATEGIC OPPORTUNITIES FUND INCORPORATED INDEX MARCH 31, 2013

More information

Thames Water Utilities Cayman Finance Limited. Annual report and voluntary financial statements for the year ended 31 March 2009

Thames Water Utilities Cayman Finance Limited. Annual report and voluntary financial statements for the year ended 31 March 2009 Thames Water Utilities Cayman Finance Limited Annual report and voluntary financial statements for the year ended 31 March Registered no: MC-187772 (Cayman Islands) Thames Water Utilities Cayman Finance

More information

KWIKWETLEM FIRST NATION FINANCIAL STATEMENTS MARCH 31, 2015

KWIKWETLEM FIRST NATION FINANCIAL STATEMENTS MARCH 31, 2015 FINANCIAL STATEMENTS MARCH 31, 2015 INDEX TO THE FINANCIAL STATEMENTS Management's Responsibility for Financial Reporting Independent Auditors' Report Consolidated Statement of Financial Position Statement

More information

LONDON STOCK EXCHANGE HIGH GROWTH SEGMENT RULEBOOK 27 March 2013

LONDON STOCK EXCHANGE HIGH GROWTH SEGMENT RULEBOOK 27 March 2013 LONDON STOCK EXCHANGE HIGH GROWTH SEGMENT RULEBOOK 27 March 2013 Contents INTRODUCTION... 2 SECTION A ADMISSION... 3 A1: Eligibility for admission... 3 A2: Procedure for admission... 4 SECTION B CONTINUING

More information

Dear Members, The Directors have pleasure in presenting their Annual Report and Audited Accounts for the year ended March 31, 2015.

Dear Members, The Directors have pleasure in presenting their Annual Report and Audited Accounts for the year ended March 31, 2015. DIRECTORS REPORT Dear Members, The Directors have pleasure in presenting their Annual Report and Audited Accounts for the year ended March 31, 2015. 1. FINANCIAL HIGHLIGHTS: Particulars 2014-2015 2013-2014

More information

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS CREDIT UNION REGISTRATION NUMBER 213400 MANCHESTER CREDIT UNION LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2010 HALLIDAYS ACCOUNTANTS LLP Chartered Accountants & Statutory Auditor Riverside

More information

The new Hong Kong Companies Ordinance, Chapter 622 of the Laws of Hong Kong, (the New CO )

The new Hong Kong Companies Ordinance, Chapter 622 of the Laws of Hong Kong, (the New CO ) New Hong Kong Companies Ordinance Introduction The new Hong Kong Companies Ordinance, Chapter 622 of the Laws of Hong Kong, (the New CO ) came into operation on 3 March 2014. The New CO consists of 21

More information

SCORPEX INTERNATIONAL, INC.

SCORPEX INTERNATIONAL, INC. AUDIT REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM AND CONSOLIDATED FINANCIAL STATEMENTS C O N T E N T S Report of Independent Registered Public Accounting Firm.... 3 Consolidated Balance Sheets...

More information

Illustrative Financial Statements Prepared Using the Financial Reporting Framework for Small- and Medium-Entities

Illustrative Financial Statements Prepared Using the Financial Reporting Framework for Small- and Medium-Entities Illustrative Financial Statements Prepared Using the Financial Reporting Framework for Small- and Medium-Entities Illustrative Financial Statements This component of the toolkit contains sample financial

More information

GlaxoSmithKline Capital plc

GlaxoSmithKline Capital plc (Registered number: 2258699) Annual Report for the year ended 31 December 2013 Registered office address: 980 Great West Road Brentford Middlesex TW8 9GS Annual Report for the year ended 31 December 2013

More information

10 Audit of Consolidated Financial Statements

10 Audit of Consolidated Financial Statements 10 Audit of Consolidated Financial Statements 10.1 Introduction The Council of the Institute of Chartered Accountants of India has issued Accounting Standard (AS) 21 Consolidated Financial Statements which

More information

Annual Report and Accounts 2013

Annual Report and Accounts 2013 Annual Report and Accounts 2013 Registered Company No 4495641 (Registered in England and Wales). Reference and administrative details Status The organisation is a company limited by share capital, incorporated

More information

INDEPENDENT AUDITOR'S REPORT

INDEPENDENT AUDITOR'S REPORT INDEPENDENT AUDITOR'S REPORT To the Members of CRISIL Limited Report on the Consolidated Financial Statements We have audited the accompanying consolidated financial statements of CRISIL Limited (hereinafter

More information

SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO ACCOUNTS. Corporate Information

SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO ACCOUNTS. Corporate Information SIGNIFICANT ACCOUNTING POLICIES AND NOTES TO ACCOUNTS Corporate Information Central Railside Warehouse Company Limited is a Public Company in India and incorporated under the provisions of the Companies

More information

HOLLY SPRINGS INVESTMENTS LIMITED HALF YEAR REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 CONTENTS STATEMENT OF FINANCIAL PERFORMANCE 1

HOLLY SPRINGS INVESTMENTS LIMITED HALF YEAR REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 CONTENTS STATEMENT OF FINANCIAL PERFORMANCE 1 HALF YEAR REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2008 CONTENTS PAGES STATEMENT OF FINANCIAL PERFORMANCE 1 STATEMENT OF MOVEMENTS IN EQUITY 2 STATEMENT OF FINANCIAL POSITION 4-4 STATEMENT OF CASH

More information

Retail Charity Bonds plc Audited Condensed Financial Statements for the period ended 31 August 2014

Retail Charity Bonds plc Audited Condensed Financial Statements for the period ended 31 August 2014 Audited Condensed Financial Statements for the period ended 31 Registered number: 8940313 Date of incorporation: 14 th March, 1 Contents of the Condensed Financial Statements for the Period Ended 31 Contents

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

BLACKHEATH RESOURCES INC. FINANCIAL STATEMENTS 31 DECEMBER 2011

BLACKHEATH RESOURCES INC. FINANCIAL STATEMENTS 31 DECEMBER 2011 FINANCIAL STATEMENTS April 26, 2012 Independent Auditor s Report To the Shareholders of Blackheath Resources Inc. We have audited the accompanying financial statements of Blackheath Resources Inc., which

More information

NEW AGE REALTY PRIVATE LIMITED. CIN: U70101WB2007PTC113240 Regd Off: Emami Tower, 2 nd FLOOR, 687, ANANDAPUR, E.M. BYPASS KOLKATA-700107

NEW AGE REALTY PRIVATE LIMITED. CIN: U70101WB2007PTC113240 Regd Off: Emami Tower, 2 nd FLOOR, 687, ANANDAPUR, E.M. BYPASS KOLKATA-700107 NEW AGE REALTY PRIVATE LIMITED CIN: U70101WB2007PTC113240 Regd Off: Emami Tower, 2 nd FLOOR, 687, ANANDAPUR, E.M. BYPASS KOLKATA-700107 Audited Financial Statements for the year ended 31 st March, 2015

More information

Sri Lanka Accounting Standard-LKAS 7. Statement of Cash Flows

Sri Lanka Accounting Standard-LKAS 7. Statement of Cash Flows Sri Lanka Accounting Standard-LKAS 7 Statement of Cash Flows CONTENTS SRI LANKA ACCOUNTING STANDARD-LKAS 7 STATEMENT OF CASH FLOWS paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS

More information

AAA PUBLIC ADJUSTING GROUP, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

AAA PUBLIC ADJUSTING GROUP, INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q [ X] QUARTERLY REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended

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

FINANCIAL STATEMENTS. BNZ Cash PIE and BNZ Term PIE

FINANCIAL STATEMENTS. BNZ Cash PIE and BNZ Term PIE FINANCIAL STATEMENTS BNZ Cash PIE and BNZ Term PIE Financial Statements for the year ended Directory The Manager BNZ Investment Services Limited Level 4 80 Queen Street Auckland 1010 Private Bag 92208

More information

CELTIC BUSINESS DEVELOPMENT CORPORATION INC.

CELTIC BUSINESS DEVELOPMENT CORPORATION INC. Financial Statements of CELTIC BUSINESS DEVELOPMENT CORPORATION INC. YEAR ENDED MARCH 31, 2015 Financial Statements Year ended March 31, 2015 Contents Page Independent Auditor s Report 1. Consolidated

More information

Abbey plc ( Abbey or the Company ) Interim Statement for the six months ended 31 October 2007

Abbey plc ( Abbey or the Company ) Interim Statement for the six months ended 31 October 2007 Abbey plc ( Abbey or the Company ) Interim Statement for the six months ended 31 October 2007 The Board of Abbey plc reports a profit before taxation of 18.20m which compares with a profit of 22.57m for

More information

ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 31 JULY 2014 FONTERRA ANNUAL FINANCIAL RESULTS 2014 A

ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 31 JULY 2014 FONTERRA ANNUAL FINANCIAL RESULTS 2014 A ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 31 JULY 2014 FONTERRA ANNUAL FINANCIAL RESULTS 2014 A CONTENTS DIRECTORS STATEMENT 1 INCOME STATEMENT 2 STATEMENT OF COMPREHENSIVE INCOME 3 STATEMENT OF FINANCIAL

More information

ANNUAL FINANCIAL RESULTS

ANNUAL FINANCIAL RESULTS ANNUAL FINANCIAL RESULTS For the year ended 31 July 2013 ANNUAL FINANCIAL RESULTS 2013 FONTERRA CO-OPERATIVE GROUP LIMITED Contents: DIRECTORS STATEMENT... 1 INCOME STATEMENT... 2 STATEMENT OF COMPREHENSIVE

More information

Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010

Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010 Dumfries Mutual Insurance Company Financial Statements For the year ended December 31, 2010 Contents Independent Auditors' Report 2 Financial Statements Balance Sheet 3 Statement of Operations and Unappropriated

More information

MOUNTAIN EQUIPMENT CO-OPERATIVE

MOUNTAIN EQUIPMENT CO-OPERATIVE Consolidated Financial Statements of MOUNTAIN EQUIPMENT CO-OPERATIVE KPMG LLP PO Box 10426 777 Dunsmuir Street Vancouver BC V7Y 1K3 Canada Telephone (604) 691-3000 Fax (604) 691-3031 Internet www.kpmg.ca

More information

Australian Ethical World Trust ARSN 123 618 520. Annual Financial Report for the year ended 30 June 2013

Australian Ethical World Trust ARSN 123 618 520. Annual Financial Report for the year ended 30 June 2013 ARSN 123 618 520 Annual Financial Report for the year ended 30 June 2013 (AEWT) Annual Financial Report for the year ended 30 June 2013 Contents Page Directors' Report 1 Statement of Profit or Loss and

More information