S&T Financial Statements definition
Examples of S&T Financial Statements in a sentence
The S&T Financial Statements fairly present the consolidated financial position of S&T as of the dates indicated and the results of operations, changes in shareholders' equity and cash flows of S&T for the periods then ended in conformity with generally accepted accounting principles applied on a consistent basis except as disclosed therein.
The KES S&T Financial Statements and the JJS Financial Statements are based on the books and records of the applicable Seller and fairly present in all material respects the financial condition and results of operations and the cash flows of each respective Seller and the Business as of the respective dates they were prepared and the results of the operations of each respective Seller and the Business for the periods indicated.
The allowance for loan losses reflected on the S&T Financial Statements, as of their respective dates, is adequate in all material respects under the requirements of generally accepted accounting principles to provide for reasonably anticipated losses on outstanding loans.
The KES S&T Financial Statements have been prepared in accordance with GAAP, applied on a consistent basis throughout the period involved, subject to normal and recurring year-end adjustments (the effect of which will not have a Material Adverse Effect).