Explain the minimum disclosure of notes and explanatory statement that should be made in interim financial report as per AS-25.

The following minimum disclosure of notes and explanatory statements should be made in the interim financial report as per AS-25 (Interim Financial Reporting) : A statement that the same accounting policies are followed in the interim financial statements as those followed in the most recent annual financial statements or, if those policies have been changed, a description of the nature and effect of the change. Explanatory comments about the seasonality of interim operations. Unusual factors that affected assets, liabilities, equity, net income, and cash flows. The effects of changes in estimates. Change in debt and equity through issuance, buy-back, and repayments. Details of dividend payment. Segment revenue, segment capital employed, and segment result for business segments or geographical segments, whichever is the primary basis of segment reporting. The effect of changes in the composition of the enterprise during the interim period, such as amalgamations, acquisition or disposal of subsidiaries and long-term investments, restructurings, and discontinuing operations. Material changes in contingent liabilities since the last annual balance sheet date.