According to Cicis's 2025 Franchise Disclosure Document, the notes to the combined financial statements can be found on pages 7-14. These notes are crucial for understanding the financial statements of Cicis, as they provide additional details and explanations of the figures presented in the balance sheets, income statements, and cash flow statements.

Specifically, the notes cover various aspects of Cicis's financial operations, such as accounting policies, related party transactions, commitments, and contingencies. For instance, Note 1 discusses the organization and summary of significant accounting policies, including the description of the business, principles of combination, basis of presentation, use of estimates, and cash, cash equivalents, and restricted cash. Note 2 details related party transactions, explaining the services provided to related-party affiliates and the allocation methodologies used.

For a prospective Cicis franchisee, reviewing these notes is essential to gain a comprehensive understanding of the franchisor's financial health and stability. The notes help to clarify the financial statements and provide context for the numbers, allowing franchisees to make informed decisions about their investment. Understanding the accounting policies and any potential financial risks or obligations can aid in assessing the overall financial viability of the franchise opportunity.