Unallocated. Total *strike off whichever is not applicable # Profit/loss before tax and after interest in case of segments having operations which are primarily of financial nature. ** Other than the interest pertaining to the segments having operations which are primarily of financial nature. Notes: (a) Segment Revenue, Segment Results, Segment assets and Segment liabilities shall have the same meaning as defined in the Accounting Standards on Segment Reporting (AS-17) issued by ICAI /Company (Accounting Standards) Rules, 2006. (b) The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17, issued by ICAI /Company (Accounting Standards) Rules, 2006. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of …………………………….. (Name of the Company) for the period ended………… except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/ committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards1 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. Place of signature Date 1The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 2 Partner or proprietor, as the case may be. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of ____ (Name of the Company) for the period ended ____ except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. In the conduct of our Review we have relied on the review reports in respect of non-performing assets received from concurrent auditors of _________ branches, inspection teams of the bank of _______ branches and other firms of auditors of _________ branches specifically appointed for this purpose. These review reports cover ______ percent of the advances portfolio of the bank. Apart from these review reports, in the conduct of our review, we have also relied upon various returns received from the branches of the bank. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards3 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. Place of signature Date 3The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 4Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name of the company) We have audited the quarterly financial results of ……………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India5 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: (i) are presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and ________________________________________ 5 Where, a listed entity is not a company. (ii) give a true and fair view of the net profit/ loss6 and other financial information for the quarter ended ……………… (date of the quarter end) as well as the year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date ______________________________ 6 Whichever is applicable. 7 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These consolidated quarterly financial results as well as the consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India8 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. We did not audit the financial statements of _______ (number) subsidiaries included in the consolidated quarterly financial results and consolidated year to date results, whose consolidated interim financial statements reflect total assets of Rs. ………… as at ……….(year to date) and …………… as at the quarter ended ………..(date of quarter end); as well as the total revenue of Rs. ………… as at ……….. (year to date) and Rs. ……………….. as at the quarter ended …………..(date of quarter end). These interim financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors. 8Where, a listed entity is not a company. In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results: (i) include the quarterly financial results and year to date of the following entities (list of entities included in consolidation); (ii) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and (iii) give a true and fair view of the consolidated net profit/loss9 and other financial information for the quarter ended ………………(date of the quarter end) as well as the consolidated year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the consolidated number of shares as well as percentage of shareholdings in respect of aggregate amount of consolidated public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date _________________ 9 Whichever is applicable. 10 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the Bank) We have audited the quarterly financial results of ………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared from interim financial statements, which are the responsibility of the bank’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India11 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. These financial results incorporate the relevant returns of _______(number) branches audited by us, _________ (number) branches including _______ (number) foreign branches audited by the other auditors specially appointed for this purpose and unaudited returns in respect of _________ (number) branches. In conduct of our audit, we have taken note of the reports in respect of non performing assets received from the concurrent auditors of ________ (number) branches, inspection teams of banks of ________ (number) branches specifically appointed for this purpose. These reports cover ______ percent of advances portfolio of the Bank. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: _____________________________ 11 Where, a listed entity is not a company (i) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and (ii) give a true and fair view of the net profit/loss12 for the quarter ended ………………(date of the quarter end) as well as the year to date results for the period from …………… to ………………… Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date __________________________ 12 Whichever is applicable. 13Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by
Appears in 3 contracts
Sources: Listing Agreement, Listing Agreement, Listing Agreement
Unallocated. Total *strike off whichever is not applicable # Profit/loss before tax and after interest in case of segments having operations which are primarily of financial nature. ** Other than the interest pertaining to the segments having operations which are primarily of financial nature. Notes:
(a) Segment Revenue, Segment Results, Segment assets and Segment liabilities shall have the same meaning as defined in the Accounting Standards on Segment Reporting (AS-17) issued by ICAI /Company / Company (Accounting Standards) Rules, 2006.
(b) The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17AS- 17, issued by ICAI /Company / Company (Accounting Standards) Rules, 2006. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of …………………………….. (Name of the CompanyIssuer) for the period ended………… ended , except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the CompanyIssuer’s Management and has been approved by the Board of Directors/ committee of Board of DirectorsDirectors of the Issuer. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company Issuer’s personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards1 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 43 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. For XYZ & Co. Chartered Accountants Signature (Name of the member signing the audit report) (Designation)2 (Membership Number) Place of signature Date 1The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 2 Partner or proprietor, as the case may be. Review Auditor’s Report on Half yearly Financial Results and Year to ……………………. We have reviewed the accompanying statement of unaudited financial results of ____ (Name Date Results of the Company) for Issuer Pursuant to the period ended ____ except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. In the conduct of our Review we have relied on the review reports in respect of non-performing assets received from concurrent auditors of _________ branches, inspection teams of the bank of _______ branches and other firms of auditors of _________ branches specifically appointed for this purpose. These review reports cover ______ percent of the advances portfolio of the bank. Apart from these review reports, in the conduct of our review, we have also relied upon various returns received from the branches of the bank. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards3 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 43 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. Place of signature Date 3The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 4Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name name of the companyIssuer) We have audited the quarterly half yearly financial results of ……………………… ………………(Name name of the companyIssuer) for the quarter half year ended ………………………. (date of the quarter half year end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the company Issuer pursuant to the requirement of clause 41 43 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly half yearly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the companyIssuer’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India5 India4 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly half yearly financial results as well as the year to date results:
(i) are presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and ________________________________________ 5 Where, a listed entity is not a company.
(ii) give a true and fair view of the net profit/ loss6 and other financial information for the quarter ended ……………… (date of the quarter end) as well as the year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date ______________________________ 6 Whichever is applicable. 7 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These consolidated quarterly financial results as well as the consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India8 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. We did not audit the financial statements of _______ (number) subsidiaries included in the consolidated quarterly financial results and consolidated year to date results, whose consolidated interim financial statements reflect total assets of Rs. ………… as at ……….(year to date) and …………… as at the quarter ended ………..(date of quarter end); as well as the total revenue of Rs. ………… as at ……….. (year to date) and Rs. ……………….. as at the quarter ended …………..(date of quarter end). These interim financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors. 8Where, a listed entity is not a company. In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results:
(i) include the quarterly financial results and year to date of the following entities (list of entities included in consolidation);
(ii) have been presented in accordance with the requirements of clause 41 43 of the Listing Agreement in this regard; and
(iii) give a true and fair view of the consolidated net profit/loss9 and other financial information for the quarter ended ………………(date of the quarter end) as well as the consolidated year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the consolidated number of shares as well as percentage of shareholdings in respect of aggregate amount of consolidated public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date _________________ 9 Whichever is applicable. 10 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the Bank) We have audited the quarterly financial results of ………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared from interim financial statements, which are the responsibility of the bank’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India11 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. These financial results incorporate the relevant returns of _______(number) branches audited by us, _________ (number) branches including _______ (number) foreign branches audited by the other auditors specially appointed for this purpose and unaudited returns in respect of _________ (number) branches. In conduct of our audit, we have taken note of the reports in respect of non performing assets received from the concurrent auditors of ________ (number) branches, inspection teams of banks of ________ (number) branches specifically appointed for this purpose. These reports cover ______ percent of advances portfolio of the Bank. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: _____________________________ 11 Where, a listed entity is not a company
(i) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and
(ii) give a true and fair view of the net profit/loss12 for the quarter ended ………………(date of the quarter end) as well as the year to date results for the period from …………… to ………………… Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date __________________________ 12 Whichever is applicable. 13Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by
Appears in 1 contract
Sources: Listing Agreement
Unallocated. Total *strike off whichever is not applicable # Profit/loss before tax and after interest in case of segments having operations which are primarily of financial nature. ** Other than the interest pertaining to the segments having operations which are primarily of financial nature. Notes:
(a) Segment Revenue, Segment Results, Segment assets and Segment liabilities shall have the same meaning as defined in the Accounting Standards on Segment Reporting (AS-17) issued by ICAI /Company */ Company (Accounting Standards) Rules, 2006.. [* substituted vide SEBI Circular No. SEBI/CFD/DIL/LA/5/2008/4/09 dated 04.09.2008]
(b) The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17, issued by ICAI /Company */ Company (Accounting Standards) Rules, 2006. [* substituted vide SEBI Circular No. SEBI/CFD/DIL/LA/5/2008/4/09 dated 04.09.2008] Review Report to ……………………. …… We have reviewed the accompanying statement of unaudited financial results of …………………………….. (Name of the Company) for the period endedended ………………… except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. .. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/ committee Committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards1 standards3 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. Place of signature Date 1The 1 The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 2 Partner or proprietor, as the case may be. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of ____ (Name of the Company) for the period ended ____ except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. In the conduct of our Review we have relied on the review reports in respect of non-performing assets received from concurrent auditors of _________ branches, inspection teams of the bank of _______ branches and other firms of auditors of _________ branches specifically appointed for this purpose. These review reports cover ______ percent of the advances portfolio of the bank. Apart from these review reports, in the conduct of our review, we have also relied upon various returns received from the branches of the bank. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards3 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. Place of signature Date 3The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 4Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name of the company) We have audited the quarterly financial results of ……………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India5 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results:
(i) are presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and ________________________________________ 5 Where, a listed entity is not a company.
(ii) give a true and fair view of the net profit/ loss6 and other financial information for the quarter ended ……………… (date of the quarter end) as well as the year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date ______________________________ 6 Whichever is applicable. 7 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These consolidated quarterly financial results as well as the consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India8 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. We did not audit the financial statements of _______ (number) subsidiaries included in the consolidated quarterly financial results and consolidated year to date results, whose consolidated interim financial statements reflect total assets of Rs. ………… as at ……….(year to date) and …………… as at the quarter ended ………..(date of quarter end); as well as the total revenue of Rs. ………… as at ……….. (year to date) and Rs. ……………….. as at the quarter ended …………..(date of quarter end). These interim financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors. 8Where, a listed entity is not a company. In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results:
(i) include the quarterly financial results and year to date of the following entities (list of entities included in consolidation);
(ii) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and
(iii) give a true and fair view of the consolidated net profit/loss9 and other financial information for the quarter ended ………………(date of the quarter end) as well as the consolidated year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the consolidated number of shares as well as percentage of shareholdings in respect of aggregate amount of consolidated public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date _________________ 9 Whichever is applicable. 10 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the Bank) We have audited the quarterly financial results of ………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared from interim financial statements, which are the responsibility of the bank’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India11 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. These financial results incorporate the relevant returns of _______(number) branches audited by us, _________ (number) branches including _______ (number) foreign branches audited by the other auditors specially appointed for this purpose and unaudited returns in respect of _________ (number) branches. In conduct of our audit, we have taken note of the reports in respect of non performing assets received from the concurrent auditors of ________ (number) branches, inspection teams of banks of ________ (number) branches specifically appointed for this purpose. These reports cover ______ percent of advances portfolio of the Bank. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: _____________________________ 11 Where, a listed entity is not a company
(i) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and
(ii) give a true and fair view of the net profit/loss12 for the quarter ended ………………(date of the quarter end) as well as the year to date results for the period from …………… to ………………… Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date __________________________ 12 Whichever is applicable. 13Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by
Appears in 1 contract
Sources: Listing Agreement
Unallocated. Total *strike off whichever is not applicable # Profit/loss before tax and after interest in case of segments having operations which are primarily of financial nature. ** Other than the interest pertaining to the segments having operations which are primarily of financial nature. Notes:
(a) Segment Revenue, Segment Results, Segment assets and Segment liabilities shall have the same meaning as defined in the Accounting Standards on Segment Reporting (AS-17) issued by ICAI /Company / Company (Accounting Standards) Rules, 2006.
(b) The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17, issued by ICAI /Company / Company (Accounting Standards) Rules, 2006. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of …………………………….. (Name of the CompanyIssuer) for the period ended………… ended , except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the CompanyIssuer’s Management and has been approved by the Board of Directors/ committee of Board of DirectorsDirectors of the Issuer. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company Issuer’s personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards1 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 43 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. For XYZ & Co. Chartered Accountants Signatue (Name of the member signing the audit report) (Designation)2 (Membership Number) Place of signature Date 1The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 2 Partner or proprietor, as the case may be. Review Auditor’s Report on Half yearly Financial Results and Year to ……………………. We have reviewed the accompanying statement of unaudited financial results of ____ (Name Date Results of the Company) for Issuer Pursuant to the period ended ____ except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. In the conduct of our Review we have relied on the review reports in respect of non-performing assets received from concurrent auditors of _________ branches, inspection teams of the bank of _______ branches and other firms of auditors of _________ branches specifically appointed for this purpose. These review reports cover ______ percent of the advances portfolio of the bank. Apart from these review reports, in the conduct of our review, we have also relied upon various returns received from the branches of the bank. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards3 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 43 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. Place of signature Date 3The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 4Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name name of the companyIssuer) We have audited the quarterly half yearly financial results of ……………………… ………………(Name name of the companyIssuer) for the quarter half year ended ………………………. (date of the quarter half year end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the company Issuer pursuant to the requirement of clause 41 43 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly half yearly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the companyIssuer’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India5 India4 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly half yearly financial results as well as the year to date results:
(i) are presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and ________________________________________ 5 Where, a listed entity is not a company.
(ii) give a true and fair view of the net profit/ loss6 and other financial information for the quarter ended ……………… (date of the quarter end) as well as the year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date ______________________________ 6 Whichever is applicable. 7 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These consolidated quarterly financial results as well as the consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India8 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. We did not audit the financial statements of _______ (number) subsidiaries included in the consolidated quarterly financial results and consolidated year to date results, whose consolidated interim financial statements reflect total assets of Rs. ………… as at ……….(year to date) and …………… as at the quarter ended ………..(date of quarter end); as well as the total revenue of Rs. ………… as at ……….. (year to date) and Rs. ……………….. as at the quarter ended …………..(date of quarter end). These interim financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors. 8Where, a listed entity is not a company. In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results:
(i) include the quarterly financial results and year to date of the following entities (list of entities included in consolidation);
(ii) have been presented in accordance with the requirements of clause 41 43 of the Listing Agreement in this regard; and
(iii) give a true and fair view of the consolidated net profit/loss9 and other financial information for the quarter ended ………………(date of the quarter end) as well as the consolidated year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the consolidated number of shares as well as percentage of shareholdings in respect of aggregate amount of consolidated public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date _________________ 9 Whichever is applicable. 10 Partner or proprietor, as the case may be To Board of Directors of ……………………. (Name of the Bank) We have audited the quarterly financial results of ………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared from interim financial statements, which are the responsibility of the bank’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India11 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. These financial results incorporate the relevant returns of _______(number) branches audited by us, _________ (number) branches including _______ (number) foreign branches audited by the other auditors specially appointed for this purpose and unaudited returns in respect of _________ (number) branches. In conduct of our audit, we have taken note of the reports in respect of non performing assets received from the concurrent auditors of ________ (number) branches, inspection teams of banks of ________ (number) branches specifically appointed for this purpose. These reports cover ______ percent of advances portfolio of the Bank. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: _____________________________ 11 Where, a listed entity is not a company
(i) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and
(ii) give a true and fair view of the net profit/loss12 for the quarter ended ………………(date of the quarter end) as well as the year to date results for the period from …………… to ………………… Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. Place of signature Date __________________________ 12 Whichever is applicable. 13Partner or proprietor, as the case may be. To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by
Appears in 1 contract
Sources: Listing Agreement
Unallocated. Total ** strike off whichever is not applicable # Profit/loss before tax and after interest in case of segments having operations which are primarily of financial nature. ** Other than the interest pertaining to the segments having operations which are primarily of financial nature. Notes:.
(a) Segment Revenue, Segment Results, Segment assets and Segment liabilities shall have the same meaning as defined in the Accounting Standards on Segment Reporting (AS-17) issued by ICAI /Company (Accounting Standards) Rules, 2006.
(b) The above information shall be furnished for each of the reportable primary segments as identified in accordance with AS-17, issued by ICAI /Company (Accounting Standards) Rules, 2006. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of …………………………….. (Name of the Company) for the period ended………… except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/ committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards1 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement. For XYZ & Co. Chartered Accountants Signature (Name of the member signing the audit report) (Designation)2 (Membership Number) Place of signature Date 1The Accounting Standards notified pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute of Chartered Accountants of India. 2 Partner or proprietor, as the case may be. Review Report to ……………………. We have reviewed the accompanying statement of unaudited financial results of ____ (Name of the Company) for the period ended ____ except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors/committee of Board of Directors. Our responsibility is to issue a report on these financial statements based on our review. We conducted our review in accordance with the Standard on Review Engagement (SRE) 2400, Engagements to Review Financial Statements issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. In the conduct of our Review we have relied on the review reports in respect of non-performing assets received from concurrent auditors of _________ branches, inspection teams of the bank of _______ branches and other firms of auditors of _________ branches specifically appointed for this purpose. These review reports cover ______ percent of the advances portfolio of the bank. Apart from these review reports, in the conduct of our review, we have also relied upon various returns received from the branches of the bank. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards3 and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing Agreement including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. For XYZ & Co. Chartered Accountants Signature (Name of the member signing the audit report) (Designation)4 (Membership Number) Place of signature Date 3The Accounting Standards notified pursuant Auditor’s Report On Quarterly Financial Results and Year to Date Results of the Company Pursuant to the Companies (Accounting Standards) Rules, 2006 and/or Accounting Standards issued by Institute Clause 41 of Chartered Accountants of India. 4Partner or proprietor, as the case may be. Listing Agreement To Board of Directors of ……………………. (Name of the company) We have audited the quarterly financial results of ……………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India5 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results:
(i) are presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and ________________________________________ 5 Where, a listed entity is not a company.and
(ii) give a true and fair view of the net profit/ loss6 and other financial information for the quarter ended ……………… (date of the quarter end) as well as the year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. For XYZ & Co. Chartered Accountants Signature (Name of the member signing the audit report) (Designation)7 (Membership Number) Place of signature Date ______________________________ 6 Whichever is applicable. 7 Partner or proprietor, as Auditor’s Report On Quarterly Consolidated Financial Results and Consolidated Year to Date Results of the case may be Company Pursuant to the Clause 41 of the Listing Agreement To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the company) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……………. to …………………, attached herewith, being submitted by the company pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These consolidated quarterly financial results as well as the consolidated year to date financial results have been prepared from consolidated interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these consolidated financial results based on our audit of such consolidated interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India8 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. We did not audit the financial statements of _______ (number) subsidiaries included in the consolidated quarterly financial results and consolidated year to date results, whose consolidated interim financial statements reflect total assets of Rs. ………… as at ……….(year to date) and …………… as at the quarter ended ………..(date of quarter end); as well as the total revenue of Rs. ………… as at ……….. (year to date) and Rs. ……………….. as at the quarter ended …………..(date of quarter end). These interim financial statements and other financial information have been audited by other auditors whose report(s) has (have) been furnished to us, and our opinion on the quarterly financial results and the year to date results, to the extent they have been derived from such interim financial statements is based solely on the report of such other auditors. 8Where, a listed entity is not a company. In our opinion and to the best of our information and according to the explanations given to us these consolidated quarterly financial results as well as the consolidated year to date results:
(i) include the quarterly financial results and year to date of the following entities (list of entities included in consolidation);
(ii) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and
(iii) give a true and fair view of the consolidated net profit/loss9 and other financial information for the quarter ended ………………(date of the quarter end) as well as the consolidated year to date results for the period from …………… to …………………. Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the consolidated number of shares as well as percentage of shareholdings in respect of aggregate amount of consolidated public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. For XYZ & Co. Chartered Accountants Signature (Name of the member signing the audit report) (Designation)10 (Membership Number) Place of signature Date _________________ 9 Whichever is applicable. 10 Partner or proprietor, as Auditor’s Report On Quarterly Financial Results and Year to Date Results of the case may be Company Pursuant to the Clause 41 of the Listing Agreement To Board of Directors of ……………………. (Name of the Bank) We have audited the quarterly financial results of ………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the year to date results for the period ……………. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These quarterly financial results as well as the year to date financial results have been prepared from interim financial statements, which are the responsibility of the bank’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Accounting Standard (AS) 25, Interim Financial Reporting, issued pursuant to the Companies (Accounting Standards) Rules, 2006 as per Section 211(3C) of the Companies Act, 1956 or by the Institute of Chartered Accountants of India11 and other accounting principles generally accepted in India. We conducted our audit in accordance with the auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial results are free of material misstatement(s). An audit includes examining, on a test basis, evidence supporting the amounts disclosed as financial results. An audit also includes assessing the accounting principles used and significant estimates made by management. We believe that our audit provides a reasonable basis for our opinion. These financial results incorporate the relevant returns of _______(number) branches audited by us, _________ (number) branches including _______ (number) foreign branches audited by the other auditors specially appointed for this purpose and unaudited returns in respect of _________ (number) branches. In conduct of our audit, we have taken note of the reports in respect of non performing assets received from the concurrent auditors of ________ (number) branches, inspection teams of banks of ________ (number) branches specifically appointed for this purpose. These reports cover ______ percent of advances portfolio of the Bank. In our opinion and to the best of our information and according to the explanations given to us these quarterly financial results as well as the year to date results: _____________________________ 11 Where, a listed entity is not a company:
(i) have been presented in accordance with the requirements of clause 41 of the Listing Agreement in this regard; and
(ii) give a true and fair view of the net profit/loss12 for the quarter ended ………………(date of the quarter end) as well as the year to date results for the period from …………… to ………………… Further, we also report that we have, on the basis of the books of account and other records and information and explanations given to us by the management, also verified the number of shares as well as percentage of shareholdings in respect of aggregate amount of public shareholdings, as furnished by the company in terms of clause 35 of the Listing Agreement and found the same to be correct. For XYZ & Co. Chartered Accountants Signature (Name of the member signing the audit report) (Designation)13 (Membership Number) Place of signature Date __________________________ 12 Whichever is applicable. 13Partner or proprietor, as Auditor’s Report On Quarterly Consolidated Financial Results and Consolidated Year to Date Results of the case may be. Company Pursuant to the Clause 41 of the Listing Agreement To Board of Directors of ……………………. (Name of the company) We have audited the quarterly consolidated financial results of …………………… (Name of the bank) for the quarter ended ………………………. (date of the quarter end) and the consolidated year to date results for the period ……. to …………………, attached herewith, being submitted by the bank pursuant to the requirement of clause 41 of the Listing Agreement except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter Group Shareholding’ which have been traced from disclosures made by the management and have not been audited by us. These consolidated quarterly financial results as well as the consolidated year to date financial
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Sources: Listing Agreement