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AYR » Topics » We are a holding company with no operations and rely on our operating subsidiaries to provide us with funds necessary to meet our financial obligations.

These excerpts taken from the AYR 10-K filed Mar 2, 2009.
We are a holding company with no operations and rely on our operating subsidiaries to provide us with funds necessary to meet our financial obligations.
 
We are a holding company with no material direct operations. Our principal assets are the equity interests we directly or indirectly hold in our operating subsidiaries. As a result, we are dependent on loans, dividends and other payments from our subsidiaries to generate the funds necessary to meet our financial obligations and to pay dividends on our common shares. Our subsidiaries are legally distinct from us and may be prohibited or restricted from paying dividends or otherwise making funds available to us under certain conditions.
 
We are
a holding company with no operations and rely on our operating
subsidiaries to provide us with funds necessary to meet our
financial obligations.


 



We are a holding company with no material direct operations. Our
principal assets are the equity interests we directly or
indirectly hold in our operating subsidiaries. As a result, we
are dependent on loans, dividends and other payments from our
subsidiaries to generate the funds necessary to meet our
financial obligations and to pay dividends on our common shares.
Our subsidiaries are legally distinct from us and may be
prohibited or restricted from paying dividends or otherwise
making funds available to us under certain conditions.


 




This excerpt taken from the AYR 10-Q filed Nov 17, 2008.
We are a holding company with no operations and rely on our operating subsidiaries to provide us with funds necessary to meet our financial obligations.
 
We are a holding company with no material direct operations. Our principal assets are the equity interests we directly or indirectly hold in our operating subsidiaries. As a result, we are dependent on loans, dividends and other payments from our subsidiaries to generate the funds necessary to meet our financial obligations and to pay dividends on our common shares. Our subsidiaries are legally distinct from us and may be prohibited or restricted from paying dividends or otherwise making funds available to us under certain conditions.
 

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 2, 2009
10-Q
Nov 17, 2008

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