Transcription of CANACOL ENERGY LTD.
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CANACOL ENERGY LTD.
CANACOL ENERGY FINANCIAL STATEMENTS YEAR ENDED DECEMBER 31, 2017 Management s ReportManagement is responsible for the accuracy, integrity and objectivity of the consolidated financial statements of CanacolEnergy Ltd. (the Corporation ) within reasonable limits of materiality. The accompanying consolidated financialstatements have been prepared by management in accordance with International Financial Reporting Standards and, whereappropriate, reflect management s best estimates and judgements. The accompanying consolidated financial statementshave been prepared using policies and procedures established by management and fairly reflect the Corporation s financialposition, financial performance and cash flows, in accordance with International Financial Reporting has established and maintains a system of internal controls that is designed to provide reasonable assurancethat assets are safeguarded from loss or unauthorized use and the financial information is reliable and Corporation s external auditors, Deloitte LLP, have audited the consolidated financial statements.
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (in thousands of United States dollars, except per share amounts) Year ended December 31, Note 2017 2016 Revenues
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