you are required to prepare a report for your client which explains these terms and 242510

You are a business adviser and one of your clients is considering whether to purchase shares of the Lloyds Banking Group. Your client is unfamiliar:with the following terms which feature in the group’s-Half-Year Results for the si)Znonths to June 2012: management basis; statutory basis; core business; impairment. You are required to prepare a report for your client which explains these terms and critically examines their significance in the context of the accounts published by the Lloyds Banking Group for the half-year to June 2012. The Lloyds Banking Group’s 2012 Half-Year Results are accessible at http://www.11oydsbankinpqroup.com/investors/financial performance/2012 halfye ar results.asp

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