Common use of Summarised Forecast Financial Statements Clause in Contracts

Summarised Forecast Financial Statements. A full set of forecast financial statements for the Cayman Islands Monetary Authority is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement For the Year Ending 30 June 2004 $ Revenue 10,499,327 Operating Expenses 8,731,340 Net Surplus/Deficit 1,767,986 Balance Sheet As at 30 June 2004 $ Assets 68,949,633 Liabilities 52,993,799 Net Worth 15,955,833 Statement of Cash Flows For the Year Ending 30 June 2004 $ Net cash flows from operating activities 1,503,939 Net cash flows from investing activities -1,829,028 Net cash flows from financing activities -285,684

Summarised Forecast Financial Statements. A full set of forecast financial statements for Community College of the Cayman Islands Monetary Authority is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement For the Year Ending 30 June 2004 2005 $ Revenue 10,499,327 $3,150,000 Operating Expenses 8,731,340 $3,147,498 Net Surplus/Deficit 1,767,986 $2,502 Balance Sheet As at 30 June 2004 2005 $ Assets 68,949,633 $10,186,474 Liabilities 52,993,799 $4,694,618 Net Worth 15,955,833 $5,491,856 Statement of Cash Flows For the Year Ending 30 June 2004 2005 $ Net cash flows from operating activities 1,503,939 $375,600 Net cash flows from investing activities -1,829,028 ($3,085,000) Net cash flows from financing activities -285,684$1,337,269

Summarised Forecast Financial Statements. ‌‌ A full set of forecast financial statements for the The Cayman Islands Monetary Authority Stock Exchange Ltd. is provided in the Appendix to this Ownership Agreement. A summary of those forecasts is as follows. Operating Statement For the Year Ending 30 June 2004 $ Revenue 10,499,327 984,284 Operating Expenses 8,731,340 984,284 Net Surplus/Deficit 1,767,986 0 Balance Sheet As at 30 June 2004 $ Assets 68,949,633 581,184 Liabilities 52,993,799 78,400 Net Worth 15,955,833 502,784 Statement of Cash Flows For the Year Ending 30 June 2004 $ Net cash flows from operating activities 1,503,939 21,626 Net cash flows from investing activities -1,829,028 0 Net cash flows from financing activities -285,6840