Do the Belocal financial statements include a cash flow statement?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Independent Auditor's Report | 3 |
|---|---|
| Financial Statements | |
| Balance Sheets | 5 |
| Statements of Operations. | 6 |
| Statements of Changes in Stockholders' Equity | 7 |
| Statements of Cash Flows | 8 |
| Notes to Financial Statements | 9 |
Dallas Office 2425 N Central Expy. Suite 200 Richardson, TX 75080 Phone 972 238 5900 Fax 972 692 5357
Independent Auditor's Report
To the Stockholders N2 Franchising, Inc. Wilmington, North Carolina
Report on the Financial Statements
Opinion
We have audited the financial statements of N2 Franchising, Inc. (the "Company"), which comprise the balance sheets as of June 30, 2025 and 2024, and the related statements of operations, changes in stockholders' equity and cash flows for the years ended June 30, 2025, 2024 and 2023, and related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of N2 Franchising, Inc.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 70–71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the financial statements of N2 Franchising, Inc., which include Belocal, comprise balance sheets as of June 30, 2025, and 2024, and the related statements of operations, changes in stockholders' equity, and cash flows for the years ended June 30, 2025, 2024, and 2023.
An independent auditor's report confirms that the audit included these financial statements. The auditor's report states that the financial statements present fairly the financial position of N2 Franchising, Inc., including the cash flows, for the specified periods in accordance with accounting principles generally accepted in the United States of America.
Furthermore, the table of contents for the financial statements lists the "Statements of Cash Flows" on page 8, indicating its inclusion in the audited financial statements.