|
||||||||||||||||||||||||||
Investors |
Financial InformationFinancial Information as at September 30, 2011.
Total Investments at Fair Value: $414.3 M
*Use of Non-IFRS Measures NAV is a non- IFRS (international financial reporting standards) measure calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies. There is no comparable IFRS measure presented in Pinetree's consolidated financial statements and thus no applicable quantitative reconciliation for such non-IFRS financial measure. The Company has calculated NAV consistently for many years and believes that NAV can provide information useful to its shareholders in understanding its performance, and may assist in the evaluation of its business relative to that of its peers
|
|||||||||||||||||||||||||
| ©Copyright 7984 Pinetree Capital Ltd. | ||||||||||||||||||||||||||