Today I have received your Financia

Today I have received your Financial statements as 31st Dec 2015 and as 30 June 2016, please find below our comments:



- Financial statements must be in English for both period you provided.

- Saham high management must sign the Income statement and the Balance sheet as well.

- In 2015 reports, you need to add in the disclosures, the breakup of the Accounts payables (R.O 191,707.710).

- In 2015 reports, you need to add in the disclosures, the breakup of the Accounts receivables (R.O 35,080.000).

- Cars net book value are near to Zero, we recommend you and Saham management to do re-evaluation for these cars and register it in the balance sheet in market value, this will support the balance sheet and will reduce the Accumulated deficit. (RECOMMENDED)

- Saham management should prepare Estimated Budget for the next 2 years, as per AFC request.



Thanks and regards

النتائج (الإنجليزية) 2:

The Today the I have received your Financial Statements color : as 31st Dec 2015 and color : as 30 June 2016, please the find below our comments:



- Financial Statements must be in English for both period you Provided.

- Saham high management must sign the Income statement and the Balance sheet color : as well.

- with in 2015 reports, you need to : add in the Disclosures, the breakup of the Accounts payables (RO 191,707.710).

- with in 2015 reports, you need to : add in the Disclosures, the breakup of the Accounts receivables (RO 35,080.000).

- Cars net book value are near to Zero, we recommend you and Saham management to do re-evaluation for these cars and register it in the balance sheet in market value, this will support the balance sheet and will reduce the Accumulated deficit. (RECOMMENDED)

- Saham management shouldnt the prepare Estimated Budget for the next 2 years, color : as per request The AFC.



Thanks and regards