TERMINOLOGY, FORMS & METHODS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS. COPYRIGHT RODERICK SEEMAN

Article 23. Indications of Current Assets Sections The assets belonging to current assets, must be entered in accord with the division of the items listed below and entered with an item name indicating the said asset. Provided, however, where the monetary amount of the asset belonging to the said item is small in amount and where it is recognized that indications together with assets belonging to other items is suitable, the entry can be made an item having the suitable name.

i. Cash & Deposits

ii. Notes and Accounts Receivable.

iii. Securities

iv. Inventory Assets (Meaning those listed from Item 5 to Item 10 of Article 15 of the Financial Statement, etc. Regulations. Hereinafter the same)

v. Advances

vi. Prepaid expenses

vii. Others

2. The provisions of the previous Paragraph, concerning assets falling under any of the items of the same paragraph for which it is recognized as suitable to show separately, shall not prevented be prevented from being indicated via separate entries with item names indicating the said assets.

3. From among those assets of Item vii of Paragraph 1, concerning those with monetary values of 5% or more of total assets, a separate entry must be made with an item name indicating the said asset.