Financial Statements; Changes. (a) Purchaser has heretofore been furnished with the following information with respect to the Seller Business:
Financial Statements; Changes. There have been delivered to you (i) unaudited balance sheets as at October 2, 1999, and statements of income and of changes in financial position for the periods then ended of the Company, and (ii) a balance sheet as at January 2, 1999, and statement of income for the 12-month period then ended of the Company. Such financial statements fairly represent the financial condition of the Company at the dates thereof and have been prepared in accordance with generally accepted accounting principles consistently followed. There are no contingent liabilities or guarantees of the indebtedness of others by the Company involving material amounts known to the Company and not disclosed in said financial statements and the footnotes thereto. Since October 2, 1999, there has been no change in the assets, liabilities, financial condition or business of the Company, other than changes in the ordinary course of business, the effect of which has not been in any case or in the aggregate materially adverse, and other than such changes as are described in a writing delivered to you referenced to this Section. The Company has not authorized, agreed to pay or paid any dividends.
Financial Statements; Changes. (a) Seller has delivered to Purchaser audited balance sheets for Seller at December 31, 2003, 2002 and 2001, and the related statements of operations for the periods then ended. All such financial statements have been prepared in conformity with the Hospital Historical GAAP Principles. Such statements of operations present fairly in all material respects the results of operations of Seller for the respective periods covered, and the balance sheets present fairly in all material respects the financial condition of Seller as of their respective dates. Since December 31, 2003, there has been no change in any of the significant accounting policies, practices or procedures of Seller.
Financial Statements; Changes. (a) The Shareholders have delivered to Purchaser the unaudited balance sheets for the Company at December 31, 2004, 2003 and 2002, and the related statements of operations for the periods then ended. All such financial statements have been prepared in conformity with Company Historical GAAP applied on a consistent basis throughout such periods. Such statements of operations present fairly in all material respects the results of operations of the Company for the respective periods covered, and the balance sheets present fairly in all material respects the financial condition of the Company as of their respective dates. Except as set forth in Schedule 2.5(a), since December 31, 2004, there has been no change in any of the significant accounting policies, practices or procedures of the Company.
Financial Statements; Changes. (a) Seller has delivered to Purchaser an unaudited balance sheet for the Partnership at November 30, 2005 (the “Balance Sheet Date”) and the related statement of income for the period from February 8, 2005 to November 30, 2005. Such financial statements have been prepared in conformity with GAAP. The statement of operations presents fairly in all material respects the results of the operations of the Partnership for the period covered, and the balance sheet presents fairly in all material respects the financial condition of the Partnership at the Balance Sheet Date. Such financial statements reflect all adjustments necessary for a fair presentation of the financial information contained therein other than normal year-end adjustments which are not material in amount in the aggregate. At the Balance Sheet Date, the Partnership had no material liability (actual, contingent or accrued) that, in accordance with GAAP applied on a consistent basis, should have been shown or reflected on the balance sheet but was not.
Financial Statements; Changes. (a) The financial statements of the Company attached to Schedule 2.5 to the Disclosure Schedules (together the “Financial Statements”) present fairly the financial position of the Company as at the dates thereof and the Company’s results of operations for the periods covered thereby and, except as set forth therein, were prepared in all material respects in accordance with generally accepted accounting principles (“GAAP”) consistently applied.
Financial Statements; Changes. (a) The Company has furnished to the Purchaser complete and correct copies of its (i) balance sheets, statements of income and retained earnings and statements of cash flow, as at December 31, 1999 and 1998, in each case certified by Xxxxxx & Associates, the Company's independent certified public accountants (the "Audited Financial Statements"), and (ii) unaudited balance sheet, profit and loss statement and cash flow statement as at September 30, 2000, certified by the Company's Chief Financial Officer (the "Interim Financial Statements" and together with the Audited Financial Statements, the "Financial Statements"). The Financial Statements are complete and correct, are in accordance with the books and records of the Company and present fairly the financial condition and results of operations of the Company, as at the dates and for the periods indicated, and have been prepared in accordance with GAAP, except that the Interim Financial Statements do not contain notes to financial statements required by GAAP.
Financial Statements; Changes. Creditor acknowledges that it has reviewed Debtor's financial statements contained in its Form 10-Q filed with the Securities and Exchange Commission for the quarter ended December 31, 2000. Since December 31, 2000 there are no material liabilities known to Debtor which are not disclosed in said financial statements or the notes thereto. Since December 31, 2000 (except for the execution and delivery of this Agreement and the transactions to take place pursuant hereto), there has been no material adverse change in the assets, liabilities, financial condition or business of Debtor, the effect of which has not in any case or in the aggregate been materially adverse. Since that date Debtor has not authorized, agreed to pay or paid any dividends or made any other payments of a material amount other than in the ordinary course of business.
Financial Statements; Changes. (i) The financial statements that are attached hereto as Exhibit H, are true, correct and complete copies of the stand-alone and consolidated financial statements of the Company and TGS at and for the period ended December 31, 2003 and December 31, 2004 and for the six (6) months period ended June 30, 2004 and 2005 (the “Financial Statements”). The Financial Statements were prepared in accordance with Argentine GAAP and present fairly, in all material respects, the financial position of each of the Company and TGS as at December 31, 2003 and December 31, 2004 and June 30, 2004 and 2005, respectively, and the results of operations and cash flows of each of the Company and TGS for the period ended December 31, 2003 and December 31, 2004 and June 30, 2004 and 2005, respectively, on a basis consistent with Argentine GAAP.
Financial Statements; Changes. (a) Section 4.3 of the Seller Disclosure Schedule contains true and correct copies of the unaudited balance sheets of Seller as of December 31, 2002 and March 31, 2003, and a profit and loss statement for the year and three months then ended, respectively (together, the "Financial Statements"). Except as disclosed in Section 4.3 of the Seller Disclosure Schedule, the Financial Statements present fairly the financial condition of Seller as of December 31, 2002, and March 31, 2003, and the results of operations of Seller for the periods then ended; provided, however, that the Financial Statements are subject to normal year-end adjustments and lack footnotes and other presentation items.
