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INTEGRAX BERHAD (formerly known as Ganz Technologies Berhad) (Incorporated in Malaysia)NOTES TO THE INTERIM FINANCIAL STATEMENT FOR 30 SEPTEMBER 2002A1. Basis of preparationThis interim financial
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Gather all relevant financial data such as income, expenses, assets, and liabilities.
02
Calculate the total revenue generated during the specific time period.
03
Calculate the total expenses incurred during the same time period.
04
Determine the net income (revenue - expenses) for the interim period.
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List down all assets owned by the company, including current and non-current assets.
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List down all liabilities owed by the company, including current and long-term liabilities.
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Prepare a balance sheet with assets on one side and liabilities on the other side to demonstrate financial position.
08
Include any additional notes or explanations for certain items to provide clarity for stakeholders.

Who needs interim financial statements for?

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Investors who want to track the financial performance of a company in between annual reporting periods.
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Lenders who need to assess the financial health and risk level of a company before extending credit.
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Management who needs to make informed decisions based on current financial data.
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Regulators who require periodic financial updates for compliance purposes.
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Interim financial statements provide an update on a company's financial performance and position at a specific point in time during the year.
Publicly traded companies are typically required to file interim financial statements with regulatory bodies and make them available to the public.
Interim financial statements are typically prepared by a company's accounting department following the same principles and guidelines as annual financial statements.
The purpose of interim financial statements is to keep investors and other stakeholders informed of the company's financial performance between annual reporting periods.
Interim financial statements typically include income statement, balance sheet, cash flow statement, and notes to the financial statements.
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