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JSC LATVIA BALSAMS
(Registration number 40003031873)UNAUDITED CONDENSED FINANCIAL STATEMENTS
for the first six months of 2019
prepared in accordance with
International Financial Reporting Standards
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How to fill out unaudited condensed financial statements
How to fill out unaudited condensed financial statements
01
Gather all relevant financial data and documents.
02
Prepare a balance sheet, including assets, liabilities, and equity.
03
Create an income statement displaying revenues, expenses, and net income.
04
Compile a cash flow statement illustrating cash inflows and outflows.
05
Ensure all information is accurate and complete before finalizing the statements.
Who needs unaudited condensed financial statements?
01
Small businesses looking to provide financial information to stakeholders.
02
Investors and creditors assessing the company's financial health.
03
Management seeking to track the company's performance and make informed decisions.
04
Government agencies or regulatory bodies requiring financial reporting.
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What is unaudited condensed financial statements?
Unauidited condensed financial statements are a summarized version of a company's financial statements that have not been reviewed or audited by an external auditor.
Who is required to file unaudited condensed financial statements?
Certain small businesses and private companies may be required to file unaudited condensed financial statements.
How to fill out unaudited condensed financial statements?
To fill out unaudited condensed financial statements, companies need to compile their financial data, summarize it in a condensed format, and ensure it is presented accurately.
What is the purpose of unaudited condensed financial statements?
The purpose of unaudited condensed financial statements is to provide a brief overview of a company's financial position and performance without the need for a full audit.
What information must be reported on unaudited condensed financial statements?
Unauidited condensed financial statements typically include a condensed balance sheet, condensed income statement, and condensed cash flow statement.
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