The following management’s discussion and analysis (“MD&A”) of Baylin Technologies Inc. (“Baylin”, the “Company”, “we” or “us”) as of November 1, 2017 should be read in conjunction with (i) our unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2017 and 2016 and (ii) our audited consolidated financial statements for the year ended December 31, 2016 (“fiscal 2016”) and the related notes included therein. These audited consolidated financial statements have been prepared using accounting policies consistent with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).
Additional information relating to the Company, including our most recent Annual Information Form, may be found at www.sedar.com. Unless otherwise stated, all amounts shown in this MD&A are in Canadian dollars (“CAD”). Baylin changed its reporting from United States dollar currency (“USD”) to Canadian dollar currency effective January 1, 2017, and has restated prior years’ financial information in this MD&A into CAD.