TELEMATICS SYSTEMS LIMITED
REPORT OF THE AUDITORS
TO THE SHAREHOLDERS
We have audited the attached Balance Sheet of Telematics Systems Limited as
at 31 st March 1994 and the annexed Profit and Loss Account of the Company
for the year ended on the above date which are in agreement with the books of
We have obtained all the information and explanations which to the best of
our knowledge and belief were necessary for the purpose of our audit. ln our
opinion proper books of account have been kept by the Company as required by
law so far as appears from our examination of those books.
In our opinion, and to the best of our information and according to the
explanations given to us, the said Balance Sheet and the Profit and Loss
Account together with the Schedules annexed thereto and Notes thereon gives
the information required by the Companies Act, 1956 in the manner so required
and also gives a true and fair view.
a) In the case of the Balance Sheet, of the state of Company's affairs as at
31 st March, 1994 and
b) In the case of the Profit and Loss Account, of the Loss for the year ended
on the above date.
for A.R. DAS & ASSOCIATES
CHARTE RtD ACCOUNTANTS
24th June 1994