Document ID: chunk:federal_register_of_legislation:F2024C00766:reg:161
Version: federal_register_of_legislation:F2024C00766
Segment Type: reg
Provision Reference: reg 161
Character Range: 177516–178915

161  Concise report (s 265(3)(a))
 (1) For subsection 265(3) of the Act, a concise financial report must include:
 (a) the following financial statements presented as in the full report except for the omission of cross‑references to notes to the financial statements in the full report:
 (i) a profit and loss statement for the financial year;
 (ii) a balance sheet for the end of the financial year;
 (iii) a statement of cash flows for the financial year; and
 (b) disclosure of information for the preceding financial year corresponding to the disclosures made for the current financial year; and
 (c) discussion and analysis of the principal factors affecting the financial performance, financial position and financial and investing activities of the reporting unit to assist the understanding of members; and
 (d) any reports or statements mentioned in paragraph 253(2)(c) of the Act; and
 (e) in addition to the statement required by paragraph 265(3)(e) of the Act, a statement that the concise financial report has been derived from the full report and cannot be expected to provide as full an understanding of the financial performance, financial position and financial and investing activities of the reporting unit as the full report; and
 (f) the notice mentioned in subsection 272(5) of the Act.
 (2) A concise report may include any other information consistent with the full report.