Basis of preparation Sample Clauses
POPULAR SAMPLE Copied 3 times
Basis of preparation. The unaudited interim financial statements for the 2nd quarter and financial half year ended 30 June 2013 have been prepared under the historical cost convention except for the following assets and liabilities which are stated at fair values: financial assets held-for-trading, financial investments available-for-sale, derivative financial instruments and investment properties. The unaudited interim financial statements have been prepared in accordance with MFRS 134: Interim Financial Reporting issued by the Malaysian Accounting Standards Board (“MASB”) and Chapter 9, Part K of the Listing Requirements of Bursa Malaysia Securities Berhad. The unaudited interim financial statements should be read in conjunction with the audited annual financial statements of the Group and the Bank for the financial year ended 31 December 2012. The explanatory notes attached to the interim financial statements provide an explanation of events and transactions that are significant to an understanding of the changes in the financial position and performance of the Group and the Bank since the year ended 31 December 2012. The unaudited interim financial statements incorporated those activities relating to the Islamic banking business which have been undertaken by the Group. Islamic banking business refers generally to the acceptance of deposits and granting of financing under the principles of Shariah. The significant accounting policies and methods of computation applied in the unaudited interim financial statements are consistent with those adopted in the most recent annual financial statements for the year ended 31 December 2012, except for the adoption of the following MFRSs, IC Interpretation and Amendments to MFRSs during the current financial period: MFRS 10 Consolidated Financial Statements MFRS 11 Joint Arrangements MFRS 12 Disclosure of Interests in Other Entities MFRS 13 Fair Value Measurement MFRS 119 Employee Benefits (as amended by IASB in June 2011) MFRS 127 Separate Financial Statements (as amended by IASB in May 2011) MFRS 128 Investments in Associates and Joint Ventures (as amended by IASB in May 2011) MFRS 3 Business Combinations (IFRS 3 Business Combinations issued by IASB in March 2004) MFRS 127 Consolidated and Separate Financial Statements (IAS 27 Consolidated and Separate Financial Statements revised by IASB in December 2003) IC Interpretation 20 Stripping Costs in the Production Phase of a Surface Mine Government Loans (Amendments to MFRS 1) Disclosures ...
Basis of preparation. (continued) The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and further periods if the review affects both current and future periods.
Basis of preparation. 2.1 Basis for the preparation of interim financial statements These interim financial statements are prepared in accordance with Thai Accounting Standard No. 34 Interim Financial Reporting, with the Group choosing to present condensed interim financial statements. However, the Group has presented the statements of financial position, statement of comprehensive income, changes in shareholders' equity, and cash flows in the same format as that used for the annual financial statements. The interim financial statements are intended to provide information additional to that included in the latest annual financial statements. Accordingly, they focus on new activities, events and circumstances so as not to duplicate information previously reported. These interim financial statements should therefore be read in conjunction with the latest annual financial statements. The interim financial statements in Thai language are the official statutory financial statements of the Company. The interim financial statements in English language have been translated from the Thai language financial statements.
2.2 Basis of consolidation
a) The interim consolidated financial statements include the financial statement of JKN Global Group Public Company Limited (“the Company”) (formerly named JKN Global Media Public Company Limited) and the following subsidiaries (“the subsidiaries”): Shareholding percentage Company’s name Nature of business Country of incorporation both directly and indirectly owned 2022 2021 (Percent) (Percent) JKN Global Content Pte. Ltd. Agent for purchasing of program rights Singapore 100 100 JKN Channel Company Limited Production service, studio leasing, costume rental, event organizer and artist management Thailand 100 100 JKN IMC Company Limited Advertising agency Thailand 100 100 JKN News Company Limited Advertising services and production of television program Thailand 100 100 JKN MNB Company Limited Production and distribution of non- alcoholic beverages Thailand 80.4 80.4 JKN Best Life Company Limited Providing digital television stations and manufacturing and distribution of health, beauty and consumer products Thailand 100 100 MN Beverage Company Limited Engaged in the business of manufacturing and distributing non-alcoholic beverages Thailand 60 60 Quatro P Company Limited Non operate Thailand 100 100 JKN Hi Shopping Company Limited Retail sale by mail order, television, radio and telephone Thailand 51 - Indirect subsidiary companies - held by JKN Hi...
Basis of preparation. 2.1 The Completion Accounts shall be drawn up in accordance with:
(a) the specific policies, bases, methods, practise and procedures set out in paragraph 3;
(b) to the extent not inconsistent with paragraph 2.1(a), the requirements of all applicable Laws and the same accounting standards as are applied to the Accounts and on a basis consistent with that adopted in preparation of the Accounts.
2.2 The Completion Accounts shall be drawn up as at 11:59 pm on the Completion Date. No account shall be taken of events taking place after the close of business on the Completion Date and regard shall only be had to information available to the parties at that time.
2.3 The Completion Accounts shall be expressed in US$. If any amount is expressed in a currency other than US$ it shall be converted into US$ at the Prevailing Exchange Rate.
2.4 The Completion Accounts shall be drawn up in the form set out in paragraph 4.
2.5 Without prejudice to the requirements of this Schedule 7, no provision or other matter set out or referred to in the Completion Accounts relating to a possible breach or violation of any contract, law, regulation or order (or similar), or a possible payment or liability, is to be construed as an admission or indication that a breach or violation exists or has actually occurred, or that such payment or liability is payable or has arisen.
Basis of preparation. The Company financial statements for the year ended December 31, 2021 are prepared and presented in accordance with general accounting principles applicable in France, as set-out in Regulation no. 2014-03 issued by the French Accounting Standards Authority (Autorité des Normes Comptables, ANC). Amounts recorded in the accounts are valued on a historical cost basis in accordance with the true and fair principle. The accounting period ends on December 31, 2021 and has a duration of 12 months. Veolia Environnement, whose registered office is located at ▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, prepared Group consolidated financial statement under the number: 403,210,032 R.C.S. Paris. A copy of the financial statements may be obtained at the Company’s administrative headquarters at ▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ -93300 Aubervilliers.
Basis of preparation. 1.1 Corporate information and liquidity
Basis of preparation. The financial statements of the Authority are prepared on the accrual basis under historical cost convention and are in accordance with International Accounting Standards. The reporting currency is Cayman Islands Dollars.
Basis of preparation. The Accounts have been prepared:
(a) in accordance with the Accounting Standards;
(b) in accordance with the requirements of the Corporations Act and any other applicable laws; and
(c) in the manner described in the notes to them.
Basis of preparation. The forecast financial statements have been prepared in accordance with International Accounting Standards (IASs) using the accrual basis of accounting. The measurement base applied is historical cost adjusted for revaluations of certain assets. The forecast financial statements have been prepared on a going concern basis and the accounting policies have been applied consistently.
Basis of preparation. The unaudited condensed interim financial statements are prepared in accordance with Hong Kong Accounting Standard (“HKAS”) 34 “