Common use of Last Accounts Clause in Contracts

Last Accounts. 1.1.1 The Last Accounts were prepared in accordance with the historical cost convention; and the bases and policies of accounting, adopted for the purpose of preparing them, are the same as those adopted in preparing the audited accounts of WCEH, and the Subsidiary in respect of accounting periods since incorporation.

Last Accounts. 1.1.1 The Last Accounts were prepared in accordance with the historical cost convention; and the bases and policies of accounting, adopted for the purpose of preparing them, are the same as those adopted in preparing the audited accounts of WCEH, and the Subsidiary WCL in respect of accounting periods since incorporation.