The detailed analysis of the operating performance of the Company for the year and the state of affairs have been included in the Management Discussion and Analysis section which forms a part of the Annual Report. The report contains forward looking statements, identified by words like ‘plans’, ‘expects’, ‘wills’, ‘anticipates’, ‘believes’, ‘intends’, ‘projects’, ‘estimates’ and so on. All statements that addresses expectations or projections about the future, but not limited to the Company’s strategy for growth, product development, market position, expenditures and financial results are forward looking statements.
Our Management accepts responsibility for the integrity and objectivity of these financial statements, as well as for the various estimates and judgments used therein. The estimates and judgments relating to the financial statements have been made on a prudent and reasonable basis, so that the financial statements reflect in a true and fair manner the form and substance of transactions, and reasonably present our state of affairs, profits and cash flows for the year.
Since these are based on certain assumptions and expectations of future events, the Company cannot guarantee that these are accurate or will be realized. The Company actual results, performance, or achievements could differ from those projected in any forward looking statements. The Company assumes no responsibility to publicly amend, modify or revise any such statements on the basis of subsequent development, informations or events.