SEC Form 20-IS - iRemit Global Remittance
SEC Form 20-IS - iRemit Global Remittance
SEC Form 20-IS - iRemit Global Remittance
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Other Required Disclosures<br />
PART II – OTHER INFORMATION<br />
A. Accounting Policies and Methods of Computation.<br />
The attached interim financial reports were prepared in accordance with the Philippine<br />
Accounting Standards. The accounting policies and methods of computation followed in<br />
these interim financial statements are the same compared with the audited financial<br />
statements for the period ended December 31, <strong>20</strong>11.<br />
B. Unusual Items Affecting Assets, Liabilities, equity, net Income or Cash Flow.<br />
Except as reported in the Management’s Discussion and Analysis of Financial Condition<br />
and Results of Operations (“MD&A”), there were no unusual items affecting assets,<br />
liabilities, equity, net income or cash flows for the interim period.<br />
C. Changes in Estimates of Amounts Reported.<br />
There were no material changes in estimates of amounts reported in prior periods that<br />
have material effects in the current interim period.<br />
D. Issuances, Repurchases and Repayments of Debt and Equity Securities.<br />
Except as disclosed in the MD&A, there were no other issuances, repurchases and<br />
repayments of debt and equity securities.<br />
E. Material Events Subsequent to the End of the Interim Period Not Reflected in the<br />
Financial Statements.<br />
There were no material events that happened subsequent to March 31, <strong>20</strong>12 up to the<br />
date of this report that needs disclosure herein.<br />
F. Changes in Composition of the Issuer During the Interim Period.<br />
There were no changes in the composition of the Company during the interim period<br />
such as business combination, acquisition or disposal of subsidiaries and long-term<br />
investments, restructurings, and discontinuing operations except as disclosed in the<br />
MD&A.<br />
G. Changes in Contingent Liabilities or Contingent Assets.<br />
There were no changes in contingent liabilities or contingent assets since December 31,<br />
<strong>20</strong>11.<br />
H. Material Contingencies and Any Other Events or Transactions.<br />
There exist no material contingencies and other material events or transactions affecting<br />
the current interim period except as disclosed in the MD&A.<br />
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