sec.44Information for concise financial report— Act , s 778

sec.44 Information for concise financial report— Act , s 778

For section 778 (3) (a) of the Act , a concise financial report must include— the following financial statements included in the general purpose financial report— a profit and loss statement, or other operating statement; a balance sheet; a statement of cash flows; and disclosure of information for the previous financial year corresponding to the disclosures made for the financial year to which the report relates; and the principal factors affecting the financial performance, financial position and financial and investing activities of the reporting unit; and reports or statements mentioned in section 763 (2) (c) of the Act included in the general purpose financial report; and a statement that the concise financial report has been derived from the full report and cannot be expected to give as full an understanding of the financial performance, financial position and financial and investing activities of the reporting unit as the full report; and the notice mentioned in section 787 (6) of the Act . A concise report may include other information from the full report. In this section— full report means a report mentioned in section 778 (1) (a) of the Act . (sec.44-ssec.1) For section 778 (3) (a) of the Act , a concise financial report must include— the following financial statements included in the general purpose financial report— a profit and loss statement, or other operating statement; a balance sheet; a statement of cash flows; and disclosure of information for the previous financial year corresponding to the disclosures made for the financial year to which the report relates; and the principal factors affecting the financial performance, financial position and financial and investing activities of the reporting unit; and reports or statements mentioned in section 763 (2) (c) of the Act included in the general purpose financial report; and a statement that the concise financial report has been derived from the full report and cannot be expected to give as full an understanding of the financial performance, financial position and financial and investing activities of the reporting unit as the full report; and the notice mentioned in section 787 (6) of the Act . (sec.44-ssec.2) A concise report may include other information from the full report. (sec.44-ssec.3) In this section— full report means a report mentioned in section 778 (1) (a) of the Act .

• (a) the following financial statements included in the general purpose financial report— (i) a profit and loss statement, or other operating statement; (ii) a balance sheet; (iii) a statement of cash flows; and
• (i) a profit and loss statement, or other operating statement;
• (ii) a balance sheet;
• (iii) a statement of cash flows; and
• (b) disclosure of information for the previous financial year corresponding to the disclosures made for the financial year to which the report relates; and