45
In the opinion of the directors:
(a) the financial statements of the Group and of the Co-operative set out on pages 48 to 119 are drawn up so as to give
a true and fair view of the state of affairs of the Group and of the Co-operative as at March 31, 2013 and of the results,
changes in equity and cash flows of the Group and results and changes in equity of the Co-operative for the year then
ended and at the date of this statement, there are reasonable grounds to believe that the Co-operative will be able to
pay its debts when they fall due; and
(b) the receipt, expenditure, investment of monies, acquisition and disposal of assets by the Co-operative during the financial
year have been made in accordance with the provisions of the Co-operative Societies Act, Cap. 62 and the By-Laws of
the Co-operative.
ON BEHALF OF THE DIRECTORS
Ng Ser Miang
Eric Ang Teik Lim
August 5, 2013
STATEMENT OF DIRECTORS
