The Last Accounts. (a) The Last Accounts were prepared in accordance with the historical cost convention. The bases and policies of accounting adopted for the purposes of preparing the Last Accounts are the same as those adopted in preparing the audited accounts of the Target in respect of the last 3 preceding accounting periods.
The Last Accounts. (a) give a true and fair view of the assets and liabilities of the Company at the Last Accounts Date and its profits for the financial period ended on that date;
(b) comply with the requirements of the Companies Acts;
(c) comply with the FRSs then in force applicable to a United Kingdom company;
(d) save as stated therein are not affected by extraordinary, exceptional or non-recurring items.
The Last Accounts. The Last Accounts give a true and fair view of the state of affairs of the Target Companies and their assets and liabilities as at the Last Accounts Date and of their results of operations and cash flows for the financial year ended on the Last Accounts Date, in accordance with IFRS consistently applied. To the best of the Seller’s knowledge, the Last Accounts make full provision or reserve for or disclose all material liabilities of the Target Companies (including material liabilities arising from the failure of any Target Company to comply with any Law).
The Last Accounts. The Last Accounts give a true and fair view of the state of affairs of each Target Company to which they relate and their assets and liabilities as at the Last Accounts Date and of the results (including the profits and losses of the Company and/or Target Companies) thereof for the financial year ended on the Last Accounts Date and have not (except as disclosed in the Last Accounts) been materially affected by any unusual, extraordinary or exceptional items.
The Last Accounts. (a) The bases and policies of accounting adopted for the purposes of preparing the Last Accounts are the same as those adopted in preparing the audited accounts of the Target for the accounting period ending 31 December 2008.
(b) The Last Accounts:
(i) give a true and fair view of the assets and liabilities and state of affairs of the Target, as the case may be, as at the Last Accounts Date and of its profits or losses for the financial period ended on that date;
(ii) comply with all applicable requirements of the Companies Acts and other relevant statutes;
(iii) have been prepared in accordance with GAAP as applicable to a United Kingdom company as at the Last Accounts Date.
The Last Accounts. 14.1.1 have been properly prepared and audited in accordance with the Companies Xxx 0000 and accounting standards principles and practices generally accepted in the United Kingdom (or the relevant corresponding accounting standards in the case of jurisdictions outside the United Kingdom) as at 31 December 1996; and
14.1.2 show a true and fair view of the assets, liabilities and state of affairs of each Company and its Subsidiary Undertakings as at the Accounts Date and of the profits and losses of each Company and its Subsidiary Undertakings for the financial year ended on the Accounts Date;
14.1.3 are not affected by extraordinary, exceptional or non-recurring items;
14.1.4 properly reflect the financial position of each Group Company as at their date;
14.1.5 disclose, to the full extent required by normal accounting standards, all the assets of each Group Company as at their date;
14.1.6 provide or reserve, in accordance with principles set out in the notes included in the Last Accounts for all Taxation liable to be assessed on each Group Company, or for which it may be accountable, in respect of the period ended on the Accounts Date.
14.1.7 In relation to a Group Company incorporated in the United Kingdom comply with the FRS's applicable to a United Kingdom company as at the last accounting date.
The Last Accounts. The Last Accounts:
(a) give a true and fair view of the state of affairs of the Company and the Group as at the Last Accounting Date and of their profits or losses for the Financial Year ended on the Last Accounting Date;
(b) disclose and make appropriate provision or reserve for actual liabilities;
(c) disclose and make appropriate provision or reserve as the directors feel is relevant for (or note in accordance with all Relevant Accounting Standards), unquantified or disputed liabilities, capital commitments and deferred Tax;
(d) make provision or reserve for all Tax in respect of all accounting periods ended on or before the Last Accounting Date for which the Company and the Group was at that date liable including (without limitation) Tax:
(i) on or in respect of or by reference to the profits, gains or income for any period ended on or before the Last Accounting Date;
(ii) in respect of any event on or before the Last Accounting Date or provided for in the Last Accounts; and
(iii) in respect of distributions declared, made or deemed to be made on or before the Last Accounting Date or provided for in the Last Accounts;
(e) have been prepared in a manner consistent with that used in preparing the Accounts for each of the three Financial Years preceding the Financial Year ended on the Last Accounting Date.
The Last Accounts. (a) give a true and fair view of the assets and liabilities of the Target at the Last Accounts Date and its profits or losses for the financial period ended on that date;
(b) comply with the requirements of the Companies Acts;
(c) comply with all generally accepted United Kingdom accounting principles and practices which were applicable at the relevant time to a United Kingdom Company;
(d) to the extent required by the Companies Act and the relevant FRS provided or reserved for all actual liabilities and capital commitments of the Target outstanding at the Last Accounts Date including contingent liabilities and provision reasonably regarded as adequate for all bad and doubtful debts;
(e) provide or reserve in accordance with the principles set out in the notes included in the Last Accounts for all Taxation to the extent required by the relevant FRSs liable to be assessed on the Group or for which it may be accountable in respect of the period ended on the Last Accounts Date.
The Last Accounts. (i) give a true and fair view of the assets and liabilities and state of affairs of the Target, as the case may be, as at the Last Accounts Date and of its profits or losses for the financial period ended on that date;
(ii) comply with all applicable requirements of the Companies Acts and other relevant statutes and regulations; and
(iii) have been prepared in accordance with GAAP as applicable to a United Kingdom company as at the Last Accounts Date.
The Last Accounts. 2.2.1 give a true and fair view of the assets, liabilities (including contingent, unquantified or disputed liabilities) and commitments of the Company at the Last Accounts Date and its profits for the financial period ended on that date;
2.2.2 comply with the requirements of the Companies Acts and other relevant statutes;
2.2.3 comply with all current FRSs applicable to a United Kingdom company;
2.2.4 are not affected by any extraordinary, exceptional or non-recurring item;
2.2.5 properly reflect the financial position of the Company as at their date.
