2011 Audited Consolidated Financial Statements definition

2011 Audited Consolidated Financial Statements means the audited comparative consolidated financial statements of Fortis Inc. as at and for the year ended December 31, 2011 and related notes thereto;

Examples of 2011 Audited Consolidated Financial Statements in a sentence

The outcome cannot be reasonably determined and estimated at this time and, accordingly, no amount has been accrued in the Corporation’s 2011 Audited Consolidated Financial Statements.

For information with respect to the nature of regulation and material regulatory decisions and applications associated with each of the Corporation’s regulated gas and electric utilities, refer to the “Regulatory Highlights” section of the Corporation’s MD&A and to Note 2 of the Corporation’s 2011 Audited Consolidated Financial Statements.

Reference is made to the MD&A and 2011 Audited Consolidated Financial Statements on pages 8 through 77 and pages 78 through 133, respectively, of the 2011 Fortis Inc.

The amount and outcome of the actions are indeterminable at this time and, accordingly, no amount has been accrued in the Corporation’s 2011 Audited Consolidated Financial Statements.

The exposure has been fully provided for in the Corporation’s 2011 Audited Consolidated Financial Statements.

Related to 2011 Audited Consolidated Financial Statements

Person means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.
Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2012, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.
Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.
Audited financial statement means a financial statement audited by an outside accounting firm.
Unaudited Financial Statements has the meaning set forth in Section 3.4(a).
Annual Audited Financial Statements means the annual financial statements of a Person, including all notes thereto, which statements shall include a balance sheet as of the end of such fiscal year and an income statement and a statement of cash flows, all setting forth in comparative form the corresponding figures from the previous fiscal year, all prepared in conformity with Generally Accepted Accounting Principles and accompanied by a report and opinion of independent certified public accountants satisfactory to the Agent, which shall state that such financial statements, in the opinion of such accountants, present fairly the financial position of such Person as of the date thereof and the results of its operations for the period covered thereby in conformity with Generally Accepted Accounting Principles. Such statements shall be accompanied by a certificate of such accountants that in making the appropriate audit and/or investigation in connection with such report and opinion, such accountants did not become aware of any Default or, if in the opinion of such accountant any such Default exists, a description of the nature and status thereof. The Annual Audited Financial Statements shall be prepared on a consolidated basis in accordance with Generally Accepted Accounting Principles.
Year-End Financial Statements has the meaning set forth in Section 3.7(a).
Company Audited Financial Statements means the audited consolidated balance sheet of the Company as of December 31, 1996 and the related statements of income, stockholders' equity and statements of cash flows of the Company and its Subsidiaries for the year ended December 31, 1996.
Audited Financials means annual audited financial statements prepared in accordance with applicable accounting standards by a reputable, experienced and independent accounting firm, in consultation with NYGB and NYSERDA staff.
Interim Financial Statements has the meaning set forth in Section 3.06.
Most Recent Financial Statements has the meaning set forth in Section 4(g) below.
Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.
Closing Financial Statements has the meaning set forth in Section 6.22.
Latest Financial Statements has the meaning set forth in Section 4.6.
Historical Financial Statements means as of the Third Restatement Date, (i) the audited consolidated financial statements of Borrower and its Subsidiaries, for the immediately preceding three Fiscal Years ended more than 90 days prior to the Third Restatement Date, consisting of consolidated balance sheets and the related consolidated statements of income, stockholders’ equity and cash flows for such Fiscal Years, and (ii) the unaudited consolidated financial statements of Borrower and its Subsidiaries as of the most recent ended Fiscal Quarter after the date of the most recent audited consolidated financial statements and ended at least 45 days prior to the Third Restatement Date, consisting of a consolidated balance sheet and the related consolidated statements of income and cash flows for the three-, six- or nine-month period, as applicable, ending on such date, and, in each case, certified by the chief financial officer of Borrower that they fairly present, in all material respects, the financial condition of Borrower and its Subsidiaries, respectively, as at the dates indicated and the results of their operations and their cash flows for the periods indicated, subject to changes resulting from audit and normal year end adjustments and the absence of footnotes in the case of the unaudited consolidated financial statements.
Target Financial Statements means (i) the consolidated balance sheets (including related notes and schedules, if any) of Target as of December 31, 2014 and 2013, and the related statements of income, changes in shareholders’ equity, and cash flows (including related notes and schedules, if any) as filed by Target in SEC documents, and (ii) the unaudited consolidated balance sheet (including related notes and schedules, if any) of Target as of September 30, 2015, and the related statements of income, changes in shareholders’ equity, and cash flows (including related notes and schedules, if any), as delivered by Target to Purchaser prior to execution of this Agreement.
Annual Financial Statements means the audited unconsolidated and consolidated annual financial statements of the Issuer for any financial year, prepared in accordance with GAAP, such financial statements to include a profit and loss account, balance sheet, cash flow statement and report of the board of directors.
Quarterly Financial Statements means the financial statements delivered pursuant to paragraph (b) of Clause 21.1 (Financial statements).
Monthly Financial Statements is defined in Section 6.2(c).
Audited financial report means and includes those items specified in Section 5 of this regulation.
Financial Statements Date shall have the meaning ascribed to it in Section 3.7.
Financial Statement Date means December 31, 1999.
Financial Statements has the meaning set forth in Section 3.4(a).
Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.
Company Financial Statements has the meaning set forth in Section 3.6(a).