Financial Report Sample
Financial Statements as of May 31, 2005 prepared for:
Adagio Corporation, Inc.
Adagio Corporation, Inc.
100 North Charles Street Baltimore, MD 21201
Financial Statements prepared on Friday, the 18 day of February in the year of 2005
Footer: Adagio Corporation, Inc. Page: 1 of 1
Adagio FX Financial Reporter C:\!FXSHIP\AF!2Title (CoverPage) Printed on: February 18, 2005
Consolidated Departments For the Period from April 1, 2002 to March 31, 2003 Unaudited Review Engagement To: Michael Mulrooney I have reviewed the balance sheet of Adagio Corporation, Inc. as at May 31, 2005 and the statements of income, retained earnings, and cash flows for the 5 months, then ended. My review was made in accordance with Canadian generally accepted standards for review engagements and, accordingly, consisted primarily of enquiry, analytical procedures and discussion related to information supplied to me by the company. A review does not constitute an audit and consequently I do not express an audit opinion on these financial statements. Based on my review, nothing has come to my attention that causes me to believe that these financial statements are not, in all material respects, in accordance with Canadian generally accepted accounting principles.
Vancouver, BC February 18, 2005
Andrew Bates
Footer: Adagio Corporation, Inc. Page: 1 of 1
Adagio FX Financial Reporter C:\!FXSHIP\AF!2ReviewCover(ReviewCover) Printed on: February 18, 2005
Adagio Corporation, Inc.
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 2005
(Unaudited) ASSETS 2005 $ CURRENT ASSETS Cash and cash equivalents (Note: 2) Accounts receivable Inventory Workinprogress GST receivable Income taxes receivable Prepaid expenses PATENT COSTS (Note: 3) CAPITAL ASSETS (Note: 4) 162,770 0 0 0 0 0 0 162,770 0 0 162,770 LIABILITIES CURRENT LIABILITIES Cash and cash equivalents deficit (Note: 2) Accounts payable Deferred revenue
Adagio Corporation, Inc.
Adagio Corporation, Inc.
100 North Charles Street Baltimore, MD 21201
Financial Statements prepared on Friday, the 18 day of February in the year of 2005
Footer: Adagio Corporation, Inc. Page: 1 of 1
Adagio FX Financial Reporter C:\!FXSHIP\AF!2Title (CoverPage) Printed on: February 18, 2005
Consolidated Departments For the Period from April 1, 2002 to March 31, 2003 Unaudited Review Engagement To: Michael Mulrooney I have reviewed the balance sheet of Adagio Corporation, Inc. as at May 31, 2005 and the statements of income, retained earnings, and cash flows for the 5 months, then ended. My review was made in accordance with Canadian generally accepted standards for review engagements and, accordingly, consisted primarily of enquiry, analytical procedures and discussion related to information supplied to me by the company. A review does not constitute an audit and consequently I do not express an audit opinion on these financial statements. Based on my review, nothing has come to my attention that causes me to believe that these financial statements are not, in all material respects, in accordance with Canadian generally accepted accounting principles.
Vancouver, BC February 18, 2005
Andrew Bates
Footer: Adagio Corporation, Inc. Page: 1 of 1
Adagio FX Financial Reporter C:\!FXSHIP\AF!2ReviewCover(ReviewCover) Printed on: February 18, 2005
Adagio Corporation, Inc.
STATEMENT OF FINANCIAL POSITION
FOR THE YEAR ENDED DECEMBER 31, 2005
(Unaudited) ASSETS 2005 $ CURRENT ASSETS Cash and cash equivalents (Note: 2) Accounts receivable Inventory Workinprogress GST receivable Income taxes receivable Prepaid expenses PATENT COSTS (Note: 3) CAPITAL ASSETS (Note: 4) 162,770 0 0 0 0 0 0 162,770 0 0 162,770 LIABILITIES CURRENT LIABILITIES Cash and cash equivalents deficit (Note: 2) Accounts payable Deferred revenue