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TRINIDAD CEMENT LIMITED
SECTION 6: FIVE YEAR SUMMARY CONSOLIDATED FINANCIAL STATEMENTS TO 31
DECEMBER 2014
Notes to the Summary Consolidated Financial Statements
Note 1 – Basis of Preparation
Under management’s established criteria, management prepares the consolidated financial statements in accordance
with the International Financial Reporting Standards but summarises it by disclosing the summary consolidated
statements of financial position, income, comprehensive income, changes in equity and cash flows and excluding the
summary of significant accounting policies and other explanatory information.
Note 2 – Going Concern
As at 31 December, 2010, 2011, 2012, 2013 and 2014, certain conditions existed relating to the ability of the Group
to meet its debt service and related obligations as further described in the notes to the audited consolidated financial
statements in the respective years. These conditions indicated the existence of material uncertainties related to
events or conditions that may cast significant doubt on the Group’s ability to continue as a going concern. Based on
the current plans and strategies pursued and being implemented in those years, the directors have maintained the
going concern assumption in the preparation of the consolidated financial statements.
