Common use of The Principal Accounts Clause in Contracts

The Principal Accounts. The Principal Accounts were prepared in accordance with the historical cost convention and the bases and policies of accounting adopted in preparing the Principal Accounts are the same as those adopted in preparing the audited accounts of each Group Company in respect of the three last preceding accounting periods.

The Principal Accounts. 4.1.1 The Principal Accounts were prepared in accordance with the historical cost convention convention, and the bases and policies of accounting adopted in for the purpose of preparing the Principal Accounts are the same as those adopted in preparing the audited accounts of each Group Company in respect of the three last preceding accounting periods.