Directors' Responsibilities
TYRATECH, INC. • ANNUAL REPORT 2011 • PAGE 28
The Directors are responsible for preparing the Annual Report
and the Group financial statements. The Directors are
required to prepare Group financial statements for each financial
year which present fairly the financial position of the
Group and the financial performance and cash flows of the
Group for that period. In preparing those Group financial
statements, the Directors are required to:
• Select suitable accounting policies and then apply them
consistently;
• Make judgments and estimates that are reasonable and
prudent;
• State whether applicable U.S. GAAP have been followed,
subject to any material departures disclosed and
explained in the financial statements;
• Prepare the financial statements on the going concern
basis unless it is inappropriate to presume that the Group
will continue in business;
• Present information, including accounting policies, in a
manner that provides relevant, reliable, comparable and
understandable information; and
• Provide additional disclosures to enable users to
understand the impact of particular transactions, other
events and conditions on the Group's financial position
and financial performance.
The Directors are responsible for keeping adequate accounting
records that disclose with reasonable accuracy at any
time the financial position of the Group. They have a general
responsibility for safeguarding the assets of the Group and
taking reasonable steps for the prevention and detection of
fraud and other irregularities. The Directors are responsible for
the maintenance and integrity of the corporate and financial
information included on the Group's website.
ANNUAL GENERAL MEETING
The AGM will be held at the offices of The Company at 5151
McCrimmon Parkway, Suite 275, Morrisville, NC USA 27560 on
July 25, 2012 at 10:00AM EDT time. The Group will convey the
results of the proxy votes cast at the AGM.
Peter Jerome
Group Secretary
June 28, 2012
