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IMPSA S.A. Audit Report / Information 2007

Sep 11, 2007

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PT

PRESENTA TREUHAND – UND VERWALTUNGS-ANSTALT

Report of the auditor´s

Annual Account

for the financial year ended

June 30th , 2007

Ebondale Corporation N.V.

(in Liquidation)

Curaçao

Arnikaweg 15 . Postfach 1515 . FL-9490 Vaduz

Telefon +423 265 57 75 . Telefax +423 265 57 76 .

[email protected] . www.presenta.li

PT

PRESENTA TREUHAND – UND VERWALTUNGS-ANSTALT

Report of the auditors to the general meeting of

EBONDALE CORPORATION N.V. (IN LIQUIDATION), Curaçao

As auditors of your company we have examined the accounts ended June 30th, 2007, in accordance with the provisions of the law.

We have come to the conclusion that

  • the balance sheet and profit and loss account are in agreement with the books,
  • the books of account have been properly kept,
  • the financial position and the results of operations are presented in accordance with the principles of evaluation prescribed by the law and the requirements of the statutes.

Based on the result of our examination we recommend that the accounts submitted to you be approved.

We further state that the company is involved in debt.

Vaduz, August 22nd , 2007 /rba

PRESENTA Treuhand-und

Verwaltungs- Anstalt

Arnikaweg 15 . Postfach 1515 . FL-9490 Vaduz

Telefon +423 265 57 75 . Telefax +423 265 57 76 .

[email protected] . www.presenta.li

EBONDALE CORPORATION N.V., Curaçao

(in Liquidation)

LIQUIDATION BALANCE SHEET as per June 30th, 2007

ASSETS USD

Impsa Hugal AG (participation) 0.00

Impsa Hugal AG (loan) 0.00

_________________

Total Impsa Hugal AG, Luzern 0.00

Quadris Limited 0.00

_________________

Total receivables 0.00

Prepayments and accrued income 0.00

TOTAL ASSETS 0.00

LIABILITIES USD

Issued share capital 6´000.00

Additional paid-in capital 3´958´984.21

Retained losses -3´974´719.12

Net loss -16´351.69

_________________

Total shareholder´s equity -26´086.60

Quadris Limited 7´079.74

Other creditors 0.00

_________________

Total accounts payable 7´079.74

Accruals and deffered income 19´006.86

TOTAL LIABILITIES 0.00

Ebondale Corporation N.V.

EBONDALE CORPORATION N.V., Curaçao

(in Liquidation)

PROFIT & LOSS STATEMENT from 01/01/2007 – 06/30/2007

EXPENSES USD

Total Administration

Administration -4´094.84

Management fees -2´988.77

Audit fees -1´125.19

Board of Director´s fee -2´435.06

Cost of liquidation -5´690.91

Bank charges -16.24

_______________

TOTAL EXPENSES -16´351.01

Currency adjustment -0.68

_______________

TOTAL CURRENCY ADJUSTMENT -0.68

INCOME USD

Total Revenues 0,00

_______________

NET OPERATING INCOME 0,00

Result as per 06/30/2007 -16´351.69

Ebondale Corporation N.V.