Fronsac Capital Inc. Releases Interim Financial Statements
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 08/19/11 -- Fronsac Capital Inc. ("Fronsac") (TSX VENTURE: GAZ) today released its unaudited consolidated financial statements for the second quarter ended June 30, 2011.
The net income of the second quarter was $9,579 or $0.001 per share (2010: $41,258 or $0.004). The 2011 net income includes an expense of $28,369 related to the conversion of Fronsac to a real estate investment trust which took effect as of July 1st, 2011.
Since January 1st 2011, as required by the Canadian Accounting Standards Board, Fronsac presents its financial statements under the International Financial Reporting Standards ("IFRS"). The comparative quarter of 2010 has also been adjusted to IFRS.
SUMMARY OF INCOME STATEMENT INFORMATION
SUMMARY OF CASH FLOWS INFORMATION
SUMMARY OF BALANCE SHEET INFORMATION
The Company's June 30, 2011 financial statements may be viewed on SEDAR at
Neither the TSX Venture Exchange Inc., nor its Regulatory Services Provider (as that term is defined in the Policy of the TSX Venture Exchange) accept any responsibility for the adequacy or accuracy of this release.
Contacts:
Michel Lassonde
President
(450) 536-5328
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Datum: 19.08.2011 - 08:41 Uhr
Sprache: Deutsch
News-ID 1032081
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Venture Capital
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