Illustration of Periods Required to Be Presented

This illustration which does not form part of the Accounting Standard, Illustrates application of the principles in paragraphs 18 and 19. Its purpose is to illustrate the application of the Accounting Standard to assist in clarifying its meaning.

Enterprise Preparing and Presenting Interim Financial Reports HalfYearly

An enterprise whose financial year ends on 31 March, presents financial statements (condensed or complete) for following periods in its half-yearly interim financial report as of 30 September 2001:

Balance Sheet:
As at	30 September 2001	31 March 2001
Statement of Profit and Loss:
6 months ending	30 September 2001	30 September 2000
Cash Flow Statement2 :
6 months ending	30 September 2001	30 September 2000

 

Enterprise Preparing and Presenting Interim Financial Reports Quarterly

An enterprise whose financial year ends on 31 March, presents financial statements (condensed or complete) for following periods in its interim financial report for the second quarter ending 30 September 2001:

Balance Sheet:
As at	30 September 2001	31 March 2001
Statement of Profit and Loss:
6 months ending	30 September 2001	30 September 2000
3 months ending	30 September 2001	30 September 2000
Cash Flow Statement :
6 months ending	30 September 2001	30 September 2000

 

Enterprise whose business is highly seasonal Preparing and Presenting Interim Financial Reports Quarterly

An enterprise whose financial year ends on 31 March, may present financial statements (condensed or complete) for the following periods in its interim financial report for the second quarter ending 30 September 2001:

Balance Sheet:
As at	30 September 2001	31 March 2001
		30 September 2000
Statement of Profit and Loss:
6 months ending	30 September 2001	30 September 2000
3 months ending	30 September 2001	30 September 2000
12 months ending	30 September 2001	30 September 2000
Cash Flow Statement :
6 months ending	30 September 2001	30 September 2000
12 months ending	30 September 2001	30 September 2000