Lime has re-filed its Press Release and Financial Statements to correct errors inadvertently reflected.
The sole change to the financial statements is as follows:
(a) In note 5(b) of the Explanatory Notes, the words “The interest rate is reset semi-annually on May 11th and November 11th. The interest rate was last reset on November 11, 2012 from 7.22% to 7.68908% per annum” has been changed to “The interest rate is reviewed semi-annually on May 11th and November 11th. The rate is currently 7.68908% per annum.”
In respect of the Press Release, there have been three changes of note, all of which are found in the CEO’s comments:
(a) In the third paragraph “margin improving by 25% and 27% respectively on a quarter over quarter basis…” has been changed to “margin improving by 25% on a quarter over quarter basis…;
(b) In the first line of the final paragraph on the first page, the percentage reduction in operating costs has been changed from 2% to 1% to accord with the highlights; and
(c) In the second line on the second page, EBITDA % changed from 400 to 296.