“There was an advance payment for property, plant and equipment made to Paramotor Handels in 2007 of 662 million THB, however the audit work in relation to this advance is only contained in the 20007 audit files. At 31 December 2007, the only material asset (approximately 23m USD) of Canadoil Plate was this advance payment. Accordingly, we would expect to see significant documentation in the 2007 file outlining what the advance was for, consideration of who the counterparty was, and audit work conducted in relation to the payment.”