- Part 4: For the preceding part double click ID:nRSO2055Bc
for specific assets, liabilities, expenses, and revenues (in which case it is classified as a joint
operation). Factors the group must consider include:
· Structure
· Legal form
· Contractual agreement
· Other facts and circumstances.
More information is disclosed in notes 12 and 13.
28. CAPITAL COMMITMENTS
At 31 December 2015 the Group had no capital commitments. At 31 December 2014 the Group had committed to acquire property,
plant and equipment for a total amount of US$684,342.
29. SUBSEQUENT EVENTS
There are no other matters that occurred between the reporting date and the date of approval of these financial statements
that the directors wish to draw attention to.
30. ULTIMATE CONTROLLING PARTY
In the opinion of the directors there is no one ultimate controlling party.
This information is provided by RNS
The company news service from the London Stock Exchange