112
AirAsia X Berhad • Annual Report 2014
STATUTORY INFORMATION ON THE FINANCIAL STATEMENTS (CONTINUED)
At the date of this report, the Directors are not aware of any circumstances:
(a)
which would render the amounts written off for bad debts or the amount of the allowance for doubtful debts in the financial statements of the Group and Company inadequate
to any substantial extent; or
(b)
which would render the values attributed to current assets in the financial statements of the Group and Company misleading; or
(c)
which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Group and Company misleading or inappropriate.
No contingent or other liability has become enforceable or is likely to become enforceable within the period of twelve months after the end of the financial year which, in the opinion
of the Directors, will or may affect the ability of the Group or Company to meet their obligations as and when they fall due.
At the date of this report, there does not exist:
(a)
any charge on the assets of the Group and Company which has arisen since the end of the financial year which secures the liability of any other person; or
(b)
any contingent liability of the Group and Company which has arisen since the end of the financial year.
At the date of this report, the Directors are not aware of any circumstances not otherwise dealt with in this report or the financial statements which would render any amount stated
in the financial statements misleading.
In the opinion of the Directors:
(a)
except as disclosed in the financial statements, the results of the Group’s and Company’s operations during the financial year were not substantially affected by any item,
transaction or event of a material and unusual nature; and
(b)
there has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material and unusual nature likely to
affect substantially the results of the operations of the Group and Company for the financial year in which this report is made.
AUDITORS
The auditors, PricewaterhouseCoopers, have expressed their willingness to continue in office.
Signed on behalf of the Board of Directors in accordance with a resolution dated 29 April 2015.
TAN SRI RAFIDAH AZIZ
DIRECTOR
DATUK KAMARUDIN BIN MERANUN
DIRECTOR
DIRECTORS’ REPORT
