54.3  Financial statements

(a)  (Audited financial statements): As soon as practicable (and in any event not later than 120 days) after the close of each Financial Year, Project Co must give to the State certified copies of the consolidated (if applicable) and unconsolidated audited financial statements for the previous Financial Year for each Group Member and, if requested by the State, the D&C Contractor (during the Development Phase) and the Services Contractor (during the Operational Phase).

(b)  (Cashflow and profit and loss statements): Not later than 30 days after the end of each Quarter, Project Co must give to the State certified copies of cashflow and profit and loss statements for Project Co and each other Group Member.