expenses are not understated. There should be substance over form. Any off-balance sheet items should be appropriately disclosed; e) be verifiable so that when a systematic approach and methodology is used
risks from their operation. The proportion of owner’s equity shall not be less than the total expenses of the business operation over a period of 6 months as shown in the most recent financial statements
CSR is harmful to corporate value creation since companies investing in CSR activities incur unnecessary expenses and possibly weaken competitive advantage (e.g., Crisostomo et al., 2011; Tandry et al
expenses (53,420,240) (50,417,484) EBIT 22,095,185 28,538,988 Interest expense (3,684,541) (12,551,783) Net profit (Loss) 14,671,595 12,252,102 5. Total value of consideration CAZ will offer shares to the
661,473,000 Cost of services (667,498,616) (582,517,260) Administrative expenses (53,420,240) (50,417,484) EBIT 22,095,185 28,538,988 Interest expense (3,684,541) (12,551,783) Net profit (Loss) 14,671,595
) (582,517,260) Administrative expenses (53,420,240) (50,417,484) EBIT 22,095,185 28,538,988 Interest expense (3,684,541) (12,551,783) Net profit (Loss) 14,671,595 12,252,102 5. Total value of consideration CAZ
) remuneration and charged expenses. In the case where service provider subcontracts the outsourced function to another party, the intermediary shall arrange to have a written contract which contains details
performance [under such contract]; (4) remuneration and charged expenses. In the case where service provider subcontracts the outsourced function to another party, the intermediary shall arrange to have a