Top PDF Second Quarter INTERIM UNAUDITED Condensed Consolidated Financial Statements and Notes. August 2, 2022

Quarter Interim Unaudited Consolidated Financial Statements and Notes

Quarter Interim Unaudited Consolidated Financial Statements and Notes

Financial Instruments Section 3855 establishes standards for recognizing and measuring financial assets, financial liabilities and non- financial derivatives. It requires that financial assets and financial liabilities, including derivatives, be recognized on the consolidated statement of financial position when the Corporation becomes a party to the contractual provisions of the financial instrument or non-financial derivative contract. Under this standard, all financial instruments are required to be measured at fair value on initial recognition except for certain related party transactions. Measurement in subsequent periods is dependent upon the classification of the financial instrument as held-for-trading, held-to-maturity, available-for-sale, loans and receivables, or other financial liabilities. The held-for-trading classification is applied when an entity is “trading” in an instrument or alternatively the standard permits that any financial instrument be irrevocably designated as held-for-trading. The held-to- maturity classification is applied only if the asset has specified characteristics and the entity has the ability and intent to hold the asset until maturity. An asset can be classified as available-for-sale when it has not been classified as trading or held-to-maturity. Transaction costs are expensed as incurred for financial instruments classified or designated as held-for-trading. For other financial instruments, transaction costs are capitalized on initial recognition.
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UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

2. Basis of presentation (a) Statement of compliance The Financial Statements and the notes thereto have been prepared in accordance with International Accounting Standard 34 Interim Financial Reporting. The Financial Statements do not include all of the information required for full annual financial statements and should be read in conjunction with AGT’s annual consolidated financial statements as at and for the year ended December 31, 2014. Except as disclosed in note 3, there have been no changes to AGT’s accounting policies from those disclosed in AGT’s annual consolidated financial statements as at and for the year ended December 31, 2014.
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Unaudited Condensed Interim Consolidated Financial Statements

Unaudited Condensed Interim Consolidated Financial Statements

Interest rate risk is the risk that the f air value or f uture cash f lows of a f inancial instrument will f luctuate because of changes in market interest rates. The Company’s policy is to minimize interest rate risk exposures on term financing. All leases and exchangeable notes have f ixed rates. As at September 30, 2020, the Company is exposed to changes in market interest rates through the bank borrowings at a f loating bas e rate. This risk is low because changes in the prime rate are not substantial and increases would not impact the consolidated f inancial statements signif icantly. If the rates were to increase 10% this would result in an increase in interest of approximately $12,053 over the next f iscal year.
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Interim Condensed Consolidated Financial Statements (unaudited)

Interim Condensed Consolidated Financial Statements (unaudited)

While the 2011 figures included in the Company’s annual audited consolidated financial statements reflected the adjustment for the above mentioned payments made in 2010 and other similar payments made in 2011 under presumed agency agreements that also had to be treated as period expenses for accounting purposes, the quarterly interim condensed financial statements for the first, second and third quarters of 2011 were published prior to the correction relating to these payments.

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IFRS unaudited condensed interim consolidated financial statements

IFRS unaudited condensed interim consolidated financial statements

11 subscription price for the new shares, EUR 1.00 per share was recorded in the share capital and the remainder in the unrestricted equity reserve. Due to the IPO proceeds of EUR 46.2 million, the funding situation at the end of September 2015 was very strong. Proceeds from the IPO were deployed with immediate effect in February 2015 to repay drawdowns on Ferratum Group’s variable refinancing facilities (Nordea & Svea). The B1 Bond in Poland was repaid on its due date in June 2015 with a volume of PLN 10.4 million. Loan notes totaling EUR 5 million held with a German insurance company were notified, i.e. these were repaid as per August 30, 2015.
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IFRS unaudited condensed interim consolidated financial statements

IFRS unaudited condensed interim consolidated financial statements

On February 6, 2015 saw the start to trading at an initial price of EUR 17.50, which was around 3 % above the issue price of EUR 17 per share. On the first day of trading the share closed at EUR 18.08. Since then, the share price has performed well during the reporting period. On March 30, 2015 this resulted in its high of EUR 23.75 in the first quarter 2015. The upward trend continued over the course of the months of April resulting in a monthly high of EUR 25.68 on April 27, 2015. On May 6, 2015 the stock closed at EUR 24.78, which is equivalent to a market capitalization of EUR 538.3 million and an increase of some 37 percent since the first day of trading.
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Notes to the Condensed Consolidated Interim Financial Statements

Notes to the Condensed Consolidated Interim Financial Statements

The Company and its subsidiaries (together the “Group”) is engaged in mobile telecommunications business in Hong Kong and Macau. The shares of the Company are listed on the Main Board of The Stock Exchange of Hong Kong Limited. These unaudited condensed consolidated interim financial statements (the “interim financial statements”) are presented in Hong Kong dollars (“HK$”), unless otherwise stated. These interim financial statements were approved for issuance by the Board of Directors on 28 July 2020.
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Condensed Consolidated Interim Financial Statements of MAXIM POWER CORP. For the Second Quarter Ended June 30, (Unaudited)

Condensed Consolidated Interim Financial Statements of MAXIM POWER CORP. For the Second Quarter Ended June 30, (Unaudited)

The interim CEO and CFO have evaluated, or caused to be evaluated under their supervision, the design and effectiveness of the Corporation's internal control over financial reporting and have previously identified material weaknesses in the design of the Corporation's internal control over financial reporting. These weaknesses have been remediated as of June 30, 2017; however, the weakness will continue to impact the Corporation's comparative financial information until the December 31, 2018 financial reporting period. At December 31, 2016, the Corporation, predominately in its discontinued France operating segment and as a result of the complexities surrounding the accounting and disclosures associated with the disposition of both the France and United States operating segments, did not have a sufficient number of finance personnel with the required technical knowledge to address all complex accounting and tax issues that may arise and this may result in inaccuracies in financial reporting. Management remediated this weakness in second quarter of 2017 upon completion of disposals of both the France and United States operating segments and resulting simplification of operations.
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Exhibit trivago N.V. Unaudited Condensed Consolidated Interim Financial Statements as of March 31, 2022

Exhibit trivago N.V. Unaudited Condensed Consolidated Interim Financial Statements as of March 31, 2022

Note 11: Commitments and contingencies Legal proceedings On August 23, 2018, the Australian Competition and Consumer Commission, or ACCC, instituted proceeding in the Australian Federal Court against us. The ACCC alleged a number of breaches of the Australian Consumer Law, or ACL, relating to certain advertisements in Australia concerning the hotel prices available on our Australian site, our Australian strike-through pricing practice and other aspects of the way offers for accommodation were displayed on our Australian website. The matter went to trial in September 2019 and, on January 20, 2020, the Australian Federal Court issued a judgment finding that we had engaged in conduct in breach of the ACL. On March 4, 2020, we filed a notice of appeal at the Australian Federal Court appealing part of that judgment. On November 4, 2020, the Australian Federal Court dismissed trivago’s appeal. On October 18 and 19, 2021, the Australian Federal Court heard submissions from the parties in relation to relief. On April 22, 2022, the Australian Federal Court issued a judgment ordering us to pay a penalty of €30.2 million (AUD44.7 million) and to cover the ACCC's costs arising from the proceeding. The court also enjoined us from engaging in misleading conduct of the type found by the Australian Federal Court to be in contravention of the ACL.
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Euromax Resources Ltd. Unaudited Condensed Consolidated Interim Financial Statements

Euromax Resources Ltd. Unaudited Condensed Consolidated Interim Financial Statements

a. Key management personnel transactions (continued) Subsequent to quarter end and as disclosed in Note 3, the Group arranged and closed a working capital loan from its directors amounting to US$0.635 million, whilst additional funding is sourced and to provide flexibility in its ongoing operations. The loan is repayable on April 30, 2015 and interest will be charged on the loan at a flat rate of 15% on the principal amount.

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Interim condensed consolidated financial statements (unaudited) 30 June 2021

Interim condensed consolidated financial statements (unaudited) 30 June 2021

The coronavirus pandemic left its mark on 2020 and continues to have impact in 2021, requiring businesses to limit or suspend operations and implement restrictions. On 1 July 2021, Ministry of Healthcare performed PCR screening and the Indian strain of COVID-19 was found in all regions and cities of Nur-Sultan, Almaty, Shymkent. Thus, on 1 July 2021 chief state sanitary doctor of the Republic of Kazakhstan introduced new decree, which obliges Akims of regions, cities of Almaty, Nur-Sultan, Shymkent, NPP "Atameken" (as agreed), national companies, heads of organizations, individuals and legal entities, regardless of the form of ownership, operating in the territory of the Republic of Kazakhstan to organize preventive vaccinations of employees with the first component by 10 August 2021 and with the second component of the COVID-19 by 1 September 2021 (except for those who have permanent medical contraindications and have recovered from COVID-19 during the last three months). Admission to full-time work of those organizations for unvaccinated employees is limited.
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Second Quarter. Interim Consolidated Financial Statements (unaudited) For the quarter ended June 30, Intact Financial Corporation

Second Quarter. Interim Consolidated Financial Statements (unaudited) For the quarter ended June 30, Intact Financial Corporation

The fair value of the customer relationships, distribution networks, and trade names, included in intangible assets, is mainly based on a preliminary discounted cash flow analysis. The customer relationships, distribution networks and the trade names will be amortized over a three to seven year, six to twenty year and three to ten-year period, respectively, and vary by country. From June 1 to June 30, 2021, RSA’s contribution to NEP and Income before income taxes was $622 million and $22 million respectively, using a GBP/CAD exchange rate of 1.71405. On a pro-forma basis, for the six-month period ended June 30, 2021, the NEP and Income before income taxes would have been $3,769 million and $87 million respectively if RSA was consolidated from January 1, 2021. The pro-forma basis was calculated using historical information without the Scandinavian operations, by applying the Company’s accounting policies and assuming fair value adjustments that arose on acquisition would have been the same if the acquisition occurred on January 1, 2021. The pro-forma amounts exclude acquisition costs and benefits from integration initiatives or synergies and are not necessarily indicative of the results that would have resulted if the acquisition occurred on January 1, 2021, or the results that may be obtained in the future.
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Condensed Consolidated Interim Financial Statements

Condensed Consolidated Interim Financial Statements

• Net profit came to USD 23.9 million in Q1 FY2016, up 2% y-o-y, as financial costs fell significantly and our foreign exchange loss was almost 4x lower y-o-y because of a lower devaluation pace. • Sunflower oil performance was above expectations, though both sales and margins declined from the abnormally high levels of a year ago. The availability of sunflower seed on the market during this quarter was low because of the end of the marketing season (September-August) and a lower harvest last year in Ukraine. As a result, production and sales volumes decreased, though the commencement of rapeseed crush- ing partially offset the decline. Consequently, the sunflower oil business’
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Condensed Consolidated Interim Financial Statements

Condensed Consolidated Interim Financial Statements

Key management personnel 2015 2014 4) In March 2013, the Icelandic Competition Authority submitted to the Bank its preliminary assessment concerning certain preferential terms and conditions offered during 2004-2010 by Landsbanki Íslands hf. (now LBI) and, subsequently, by the Bank, in 2004 to 2010 to clients for retail banking services, in particular for household mortgage loans. In June 2013, the Bank gave its response and refuted allegations of a breach of competition rules. The Bank does not have information as to whether the Competition Authority will take further action in the case but has expressed willingness to discuss the matter. On 1 July 2014, the Authority notified the Bank that a decision in the case would not be forthcoming until the first six months of 2015. At the end of the second quarter of 2015, the Authority had not notified the Bank of such a decision.
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CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

Group financial results in the first six months of 2015 After a relatively slow start to the year, business picked up pace in the second quarter of 2015. On a quarter-to-quarter basis, revenue for the Group increased by 19.2% to €45.7 mil- lion in the second quarter. Revenue for the first six months amounted to €84.1 million. Furthermore, Normalized EBITDA, at - €0.9 million in the second quarter, moved closer to break- even. Normalized EBITDA for the first six months was - €4.6 mil- lion. Critically important for us is the fact that Normalized EBITDA for the industrial business already reached break- even in the second quarter. We are not there yet but we are moving closer to our goal to sustainably improve the Com pany’s performance in its future core business, which will be focused on industrial and commercial UPS solutions across key vertical markets in critical infrastructure.
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Condensed Interim Consolidated Financial Statements

Condensed Interim Consolidated Financial Statements

These unaudited interim condensed consolidated financial statements have been prepared on a going concern basis, which assumes that the future operations will allow for the realization of assets and discharge of liabilities in the normal course of business. Management has determined that it is probable but not certain that the significant International Arbitration award described in Notes 1 and 15a will be collected in full. In the event that the award is not collected, this material uncertainty may cast significant doubt as to the Company’s ability to continue as a going concern given its financial position as at June 30, 2015.
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INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

During the first quarter of 2012, the Company completed a transaction to sell 85% of its interest in East Crimea BV to Aleator Energy Ltd. (“Aleator” ) (previously Golden State Resources, the Parent of Honorartus Investments Ltd.) . East Crimea BV is the holding company that holds title to the Joint Activity Agreement to develop the Povorotnoye gas field in East Crimea. Under the terms of the sale, the purchaser will drill well one to a depth of approximately 4,000 meters, and if a commercial discovery is declared, to put the well into production. The purchaser will then drill a second development well, commencing before May 15 th 2016. The
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IFRS unaudited condensed consolidated financial statements

IFRS unaudited condensed consolidated financial statements

The proceeds from the IPO were immediately used in February 2015 to repay the used amounts of Ferratum Group´s variable refinancing facilities (Nordea, Svea). And the loan notes with a German insurance company with a total volume of EUR 5 million were notified, ie. these are now to be paid as per August 30, 2015. These two fist actions are a part of the planned change in the company’s debt structure where deposits, in the future, shall replace a certain volume of capital market debt and thereby significantly reduce the groups funding cost.
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Condensed consolidated interim report for the second quarter

Condensed consolidated interim report for the second quarter

Notes to condensed consolidated interim report Note 1 Accounting methods and evaluation bases used in the preparation of the condensed consolidated interim report The condensed interim report prepared as at 30 June 2011 include the consolidated results of AS Trigon Property Development and its wholly-owned subsidiary OÜ VN Niidu Kinnisvara (together referred to as the Group). The Group’s main area of operations is real estate development. The accounting policies used for preparing the condensed consolidated interim report of AS Trigon Property Development for the second quarter 2011 are in accordance with International Financial Reporting Standards (IFRS) as adopted in the European Union. The presentation of the consolidated financial statements complies with the requirements of IAS 34 “Interim Financial Reporting”. Condensed consolidated interim financial statements should be read together with the consolidated annual report of last year. The accounting policies that have been used in the preparation of the condensed interim report are the same as those used in the consolidated annual report for the year ended 31 December 2010.
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INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS AT MARCH 31, 2021 (UNAUDITED) INDEX

INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS AT MARCH 31, 2021 (UNAUDITED) INDEX

Loan liability The loan liability was initially measured as the residual amount of the proceeds received, net of transaction costs and the fair value of the warrant issuance. The loan was then measured at amortized cost using the effective interest method. Management used significant judgement and estimates when determining the effective interest rate. Payment amounts were determined as 10% of the cryptocurrency mined by Backbone. In order to calculate the effective interest rate, management estimated Backbone's future cryptocurrency mining revenues in order to estimate the timing and amount of future loan repayments. Upon inception of each loan tranche, the effective interest rates were determined to be 26.93%, 30.16%, 37.10 % and 38.02% for the first, second, third and fourth tranches, respectively. Included in financial expenses for the three months ended March 31, 2021 is
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