4.8 Company Financial Review This section of the report presents discussion and analyses regarding the financial condition and historical trends of Peachtree Plumbing, Inc. This analysis allows the valuator to understand the financial characteristics of the subject business and provides the basis for determining how effectively management has operated the Company. The Company’s financial statements were reviewed and analyzed as of June 30, 2006, using the historical financial statements as summarized in the following tables 11 Company financial statements were prepared in accordance with generally accepted accounting principles according to the Company’s accountant and owner. The appraiser did not find any information contradicting that assertion.