Annual Report 2009 - Toyota Financial Services

Annual Report 200916. COMMITMENTSThe Company had no significant capital commitments as at 31 March 2008.17. CONTINGENT LIABILITIESABN AMRO bank N.V. provided the Company with a bank guarantee of CZK 411,000 for the office space rent payment.The management of the Company is not aware of any other significant unrecorded contingent liabilities as at 31 March 2009.18. SUBSEQUENT EVENTSNo events have occurred subsequent to year-end that would have a material impact on the financial statements as at31 March 2009.19. CASH FLOW STATEMENTThe Company has prepared a cash flow statement following the indirect method. Cash equivalents represent short-term liquidinvestments, which are readily convertible for a known amount of cash. Cash and cash equivalents disclosed in the cash flowstatement can be analysed as follows:31 March 2009 31 March 2008CZK’000CZK’000Cash on hand and in transit 91 177Cash in banks 72,258 11,968Cash and cash equivalents 72,349 12,145STATUTORY APPROVALSThese financial statements have been approved for submission to the sole partner of the Company by the Company’s statutoryrepresentative.Prague, 24 June 2009Ing. Aleš KamarýtStatutory Representative49