The Management Accounts. (a) have been prepared in accordance with good accounting practice on a basis consistent with that upon which the management accounts of the Company for the period to the Accounts Date were prepared;
(b) reasonably reflect the financial affairs of the Company at the date to which they have been prepared and its results for the period covered by the Management Accounts; and
(c) are not inaccurate or misleading in any material respect.
The Management Accounts. 7.4.1 have been prepared in accordance with good accounting practice;
7.4.2 reasonably reflect the financial affairs of the Company at the date to which they have been prepared and its results for the period covered by the Management Accounts; and
7.4.3 are not inaccurate or misleading in any material respect.
The Management Accounts. (a) have been prepared on a basis consistent with that employed in preparing the Accounts, in all material respects, and on a basis consistent with that employed in preparing the management accounts of the Group for the twelve months ending on the Balance Sheet Date; and
(b) having regard to the purpose for which they were prepared, are not misleading in any material respect and do not materially overstate the assets and profits or materially understate the liabilities and losses of the Group Companies for the periods to which they relate.
The Management Accounts. (a) A copy of the Management Accounts is attached to the Disclosure Letter.
(b) The Management Accounts have been prepared with due care and attention in accordance with accounting principles used by each Group Company in the course of preparing management accounts for that Group Company during the period commencing on the Incorporation Date and ending on the date of this agreement.
(c) Having regard to the purpose for which they were prepared and are used, the Management Accounts are not misleading.
The Management Accounts. (a) were prepared with proper care and attention and present a reasonable view of;
(i) the financial position of the relevant Group Company as at the date to which they were drawn up; and
(ii) the profit or loss of the relevant Group Company for the periods to which they in relate;
(b) were prepared on a basis consistent with each other and in all material respects in compliance with principles and practices generally accepted in relation to insurance companies carrying on business in the United Kingdom. In interpreting the statements in this paragraph 5.6, regard must be had to the purpose for which the Management Accounts were prepared and the fact that they were not prepared as statutory accounts.
The Management Accounts. 2.3.1 have been prepared on a basis consistent with the Company's management accounts prepared since the Accounts Date ; and
2.3.2 have been carefully prepared using accounting policies consistent with those used in the preparation of the Accounts .
The Management Accounts. 6.1. The Management Accounts have been prepared honestly and diligently and fairly reflect the financial position of the Company as at •.
6.2. So far as the Company is aware, there has been no material change in the financial position of the Company that would affect the Management Accounts since •.
6.3. The Management Accounts have been reviewed and approved by the Board.
The Management Accounts a copy of each bank mandate of the Company and copies of statements of each bank account of the Company made up to a date not earlier than two (2) Business Days before the Completion Date;
The Management Accounts. (a) were prepared with due care and attention;
(b) provide a reasonable view of, and do not materially mis-state, the state of affairs, profit or loss of the Group Companies for the period for which they have been prepared and of the balance sheets of the Group Companies as at the end of such period having regard to the purpose for which they were prepared;
(c) are not affected by any unusual, exceptional or non-recurring items other than as Disclosed in the Management Accounts; and
(d) were prepared using principles, practices and policies which are materially consistent with those used in the preparation of monthly management accounts of the Group for each of the twelve (12) months preceding the start of the period to which the Management Accounts relate.
The Management Accounts. (A) are prepared in accordance with the requirements of applicable Law and PRC GAAP consistently applied throughout; and (B) present, in all material respects, a true view of, the state of affairs and the financial position of the Target Group as of the dates thereof. Since the date of the Company's latest audited consolidated accounts in accordance with PRC GAAP, no Target Group Member has entered into any financing arrangement or incurred any new Debt (other than Trade Debt), except for the arrangements that have been fully, fairly and specifically disclosed in the Management Accounts.
