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Notes to Accounts of Transglobe Foods Ltd.
Mar 31, 2015
A) None of the Earning/Expenditures is in Foreign Currency.
b) Balance of Debtors, Loans and Advances are subject to confirmation
c) In the opinion of the Board, the Current Assets, Loans & Advances
are approximately of the value stated if realized in the ordinary
course of business. The provision for depreciation and all known
liabilities are adequate and not in excess of the amounts reasonably
d) Previous years figures have been regrouped, rearranged wherever
necessary to make them comparable with those of current year.
e) In the opinion of the management and to the best of their knowledge
and belief the value under the head of the current assets and non
current assets are approximately of the value stated, if realized in
ordinary course of the business, except unless stated otherwise. The
provision for all the known liabilities is adequate and not in excess
of amount considered reasonably necessary.
f) There are no dues to SSI Units outstanding for more than 30 days.