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Statement by Management CommitteeFinancial StatementIn the opinion of the Management Committee,(a) the accompanying financial statements are drawn up so as to present fairly, in all material respects of the state of affairs of Securities Investors Association (Singapore) (the %u201cassociation%u201d) as at 30 June 2024 and of the financial activities, changes in funds and cash flows of the association for the reporting year then ended; and(b) at the date of this statement, there are reasonable grounds to believe that the association will be able to pay its debts as and when they fall due.The Management Committee approved and authorised these financial statements for issue.On behalf of the Management Committee,Jeyasegaram David @ David Gerald JeyasegaramPresident26 September 2024Srinivasan Venkita PadmanabhanHonorary Treasurer77 25TH ANNUAL REPORT | 2023 - 2024