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11. Financial Position and Operational ResultsSummary of the Report of the Auditor Ernst & Young Office Limited, as the auditor for the Company and its Subsidiary, has audited the statement of financial
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11 financial position refers to the specific financial statement that reflects the financial condition of an individual or organization, detailing assets, liabilities, and equity at a specific point in time.
Individuals and entities that meet certain financial criteria or belong to specific categories as defined by regulatory authorities are typically required to file 11 financial position.
To fill out 11 financial position, one needs to gather all relevant financial data, categorize it into assets, liabilities, and equity, and accurately report each item on the form following the provided guidelines.
The purpose of 11 financial position is to provide a clear snapshot of an entity's financial health, enabling stakeholders to assess solvency and financial stability.
The information that must be reported includes details on current and non-current assets, current and non-current liabilities, and equity components.
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