Jazeera airways K.S.CP. (the Ultimate Parent Company ) was incorporated by Amiri decree on 3 march 2004 as Kuwaiti public shareholding company under the laws of Kuwaiti and is engaged in the business of air transportation and commercial passenger services under a license from the directorate general of civil aviation.

you can download the 2016 annual report for the jazeera airways directly from the following web page:

http://investorrelations.jazeeraairways.com/en/about-jazeera/investor-relations/

use the annual report to answer the following question:

1 a)What are the consolidated financial statements of Jazeera Airways K.S.C.P. (the Ultimate Parent Company) and its subsidiaries (collectively the Group)?

b)What is the basis of preparation of the consolidated financial statements 2016?

c)List five objects of the Ultimate Parent Company?

d)What are the subsidiaries of the Ultimate Parent Company?