Purchaser Financial Statements. The Purchaser has delivered to the Shareholders the following financial statements (collectively, the "Purchaser Financial Statements"): the unaudited balance sheet of the Purchaser as of December 31, 2004 and the related statement of income for the year then ended, the audited balance sheet of the Purchaser as of December 31, 2003 and the related statement of income for the year then ended and the unaudited pro forma consolidated balance sheet of the Purchaser as of June 30, 2005, and the related pro forma consolidated statement of income for the six months then ended. The Purchaser Financial Statements have been prepared in accordance with GAAP (except that the unaudited Purchaser Financial Statements do not have footnotes) and present fairly in all material respects the financial position of the Purchaser as of the respective dates thereof and the results of operations and cash flows of the Purchaser for the periods covered thereby.
Appears in 3 contracts
Sources: Stock Purchase Agreement (Local Matters Inc.), Stock Purchase Agreement (Local Matters Inc.), Stock Purchase Agreement (Local Matters Inc.)