The original file could not be completely converted to text. Below is an excerpt from the file. The original file can be downloaded at the link above.

Sample Financial Statement

Manchu WOK Franchising USA Inc.

Financial Statements

May 2, 2005

(expressed in U.S. dollars)

Pricb/VaTerhous^oopers §

PncewatertiouseCoopers LLP Chartered Accountants North American Centre 5700 Yonge Street, Suite 1900 North York, Ontario Canada M2M 4K7 Telephone+1 416218 1500 Facsimile+1 416 218 1499

May 9,2005

Auditors' Report

To the Directors of

Manchu WOK Franchising USA Inc.

We have audited the balance sheet of Manchu WOK Franchising USA Inc. as at May 2, 2005 and the statements of operations and deficit and cash flows for the period from February 27, 2005, date of commencement, to May 2,2005. These financial statements are the responsibility of the company's management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with United States generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, these financial statements present fairly, in all material respects, the financial position of the company as at May 2, 2005 and the results of its operations and its cash flows for the period from February 27, 2005, date of commencement, to May 2,2005 in accordance with United States generally accepted accounting principles.

^isia^ti^^^                        1?

Chartered Accountants

PncewaterhouseCoopers refers to the Canadian firm of PncewaterhouseCoopers LLP and the other member firms of PncewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

The original file could not be completely converted to text. Below is an excerpt from the file. The original file can be downloaded at the link above.