AMD 1993 Annual Report Download - page 168

17
Section 3.7 [CONFIDENTIAL INFORMATION OMITTED AND FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION].
Section 3.8 Accounting and Reporting
Obligations.
A. JV's fiscal year shall be the twelve (12)
month period ending on March 31. Japanese accounting principles
shall be adopted.
B. JV shall provide the following reports and
statements to the parties in English and Japanese within the time
periods set forth below:
(i) Within twenty (20) days after the closing of each
month, a report on booking and billing monthly results, balance
sheet, profit and loss statement, cash flow, head count and
business operations.
(ii) Within thirty (30) days after the closing of each
quarter, a report on booking and billing quarterly results,
balance sheet, profit and loss statement, cash flow, head count,
financial change and business operations.
(iii) Within three (3) months after the end of each
fiscal year, a report on booking and billing annual results,
balance sheet, profit and loss statement, cash flow, inventory
of major properties, head count, shareholders' equity, business
operation, and annual proposals governing appropriation of
profits or covering losses.
C. The parties agree that JV shall designate Fujitsu's
Independent Accounting Firm, as approved by Fujitsu's
shareholders, as the Independent Accounting Firm of JV, unless
otherwise determined by the affirmative vote of shareholders
holding not less than two-thirds (2/3) of the issued and
13
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994