Business Document Template

June 4, 2011

Director’s Report

The director hereby submits a report along with the financial statements for the current financial year in accordance with the company statutes.

Principal Activities

The company’s principal activities are the manufacture and sale of a wide range of batteries.

Directors

The board has a membership of 10 directors.

Auditors

The auditors of the company are willing to provide their services as pertains to their legal responsibility towards the company.

Recognition of Revenue

Financial statements are prepared on an annual basis. Preparation of these statements is done in accordance with the law along with the appropriate accounting policies as stipulated by the law.

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