You are here » Home » Companies » Company Overview » Quess Corp Ltd

Quess Corp Ltd.

BSE: 539978 Sector: Others
NSE: QUESS ISIN Code: INE615P01015
BSE 00:00 | 24 Apr 2020 Quess Corp Ltd
NSE 05:30 | 01 Jan 1970 Quess Corp Ltd

Notice: Undefined property: stdClass::$market_capital_for_nse in /usr2/unibs/application/modules/live-market/views/scripts/company/bs-new-bse-nse-block.php on line 17
OPEN 213.50
PREVIOUS CLOSE 210.35
VOLUME 21169
52-Week high 722.95
52-Week low 200.00
P/E 12.38
Mkt Cap.(Rs cr) 3,018
Buy Price 203.50
Buy Qty 10.00
Sell Price 206.90
Sell Qty 100.00
OPEN 213.50
CLOSE 210.35
VOLUME 21169
52-Week high 722.95
52-Week low 200.00
P/E 12.38
Mkt Cap.(Rs cr) 3,018
Buy Price 203.50
Buy Qty 10.00
Sell Price 206.90
Sell Qty 100.00

Quess Corp Ltd. (QUESS) - Auditors Report


Notice: Undefined variable: pattern in /usr2/unibs/application/modules/live-market/views/scripts/company/annual-report.php on line 72

Company auditors report

TO THE MEMBERS OF QUESS CORP LIMITED REPORT ON THE AUDIT OF THESTANDALONE FINANCIAL STATEMENTS

Opinion

We have audited the accompanying standalone financial statements of Quesscorp limited ("the Company") which comprise the Balance Sheet as at 31March 2019 the Statement of Profit and Loss (including Other Comprehensive Income) theStatement of Changes in Equity and the Statement of Cash Flows for the year ended on thatdate and a summary of significant accounting policies and other explanatory information(hereinafter referred to as "the standalone financial statements").

In our opinion and to the best of our information and according to theexplanations given to us the aforesaid standalone financial statements give theinformation required by the Companies Act 2013 ("the Act") in the manner sorequired and give a true and fair view in conformity with the Indian Accounting Standardsprescribed under section 133 of the Act read with the Companies (Indian AccountingStandards) Rules 2015 as amended ("Ind AS") and other accounting principlesgenerally accepted in India of the state of affairs of the Company as at 31 March 2019the profit and total comprehensive income changes in equity and its cash flows for theyear ended on that date.

Basis for Opinion

We conducted our audit of the standalone financial statements inaccordance with the Standards on Auditing specified under section 143(10) of the Act(SAs). Our responsibilities under those Standards are further described in theAuditor's Responsibility for the Audit of the Standalone Financial Statements sectionof our report. We are independent of the Company in accordance with the Code of

Ethics issued by the Institute of Chartered Accountants of India (ICAI)together with the ethical requirements that are relevant to our audit of the standalonefinancial statements under the provisions of the Act and the Rules made thereunder and wehave fulfilled our other ethical responsibilities in accordance with these requirementsand the ICAI's Code of Ethics. We believe that the audit evidence we have obtained issufficient and appropriate to provide a basis for our audit opinion on the standalonefinancial statements.

emphasis of Matter

We draw attention to Note 53 of the standalone financial statementswhich describes the effects on the collectability arising from uncertainty on the outcomeof insolvency resolution process relating to certain trade receivables recoverable from arelated party.

We draw attention to Note 40 of the standalone financial statementswhich describes the impracticability of applying the judgement of Supreme Courtretrospectively and reliably measure the contingencies related to amounts payable if anyon the potential demands on Provident Fund.

Our opinion is not modified in respect of this matter.

Key audit Matters

Key audit matters are those matters that in our professional judgmentwere of most significance in our audit of the standalone financial statements of thecurrent period. These matters were addressed in the context of our audit of the standalonefinancial statements as a whole and in forming our opinion thereon and we do not providea separate opinion on these matters. We have determined the matters described below to bethe key audit matters to be communicated in our report.

Key audit Matter auditor's response
1 revenue recognition principal audit procedures
Revenue relating to Staffing services in the People Services reportable segment Technology Solutions reportable segment and Facility Management reportable segment is recognised as the related services are performed in accordance with contractual terms. Revenues from staffing services from these reportable segments comprise 93% of the overall revenues of the Company for the year ended 31 March 2019. Our audit approach was a combination of test of controls and substantive procedures which included the following:
Evaluated the design of internal controls relating to recording of revenues at reporting periods.
Selected a sample of invoices and contracts and assessed design of controls tested the operating effectiveness of internal controls relating to revenue cut offs including confirmation of attendance / time records from customers.
The Company's monthly billing cycle is on contractual pre-determined dates. Revenue for the post billing period each month is recognized as per contractual terms as unbilled revenues. Tested a sample of invoices using a combination of approved attendance / time records customer acceptances and pricing agreed as per contractual terms.
We consider cut offs relating to revenue from the staffing services to be a key audit matter as inappropriate revenue recognition can result in incorrect reporting of revenue for the year. Refer note 2.11 and note 28 to the standalone financial statements. Reviewed a sample of contracts in unbilled revenues with subsequent invoicing / collections
2 evaluation of impairment assessment of Goodwill principal audit procedures:
As at 31 March 2019 Goodwill of र 55301.60 lakhs is allocated to the Facility Management cash generating unit (CGU). Our audit procedures comprised understanding and assessing management's key assumptions relating to business projections and other inputs used by the external valuer in computing the value in use to determine the recoverable amounts. We also involved our internal valuation specialists to challenge assumptions relating to valuation. Additionally we have considered the sensitivity to reasonable possibility of changes in key assumptions and inputs to ascertain whether these possible changes have a material effect on the recoverable amounts.
Goodwill is tested by management for impairment atleast on an annual basis and whenever there is an indication that goodwill maybe impaired. The recoverable amount of the CGU is determined based on value in use calculations. Value in use is the present value of future cash flows expected to be derived from the CGU. The key inputs used in the present value calculations includes the expected future growth in operating revenues and margins in the forecast period long term growth rates and discount rates which are based on significant management assumptions and judgements.
Refer note 2.3(v) note 2.5 note 2.8 and note 4 to the standalone financial statements.
3 evaluation of impairment assessment of investment in subsidiaries principal audit procedures:
As at 31 March 2019 investments in subsidiaries is र 60697.81 lakhs.
Investments in subsidiaries are valued at cost less impairment losses if any. Management assesses if there are any indicators of impairment at the end of each reporting period. If there are indicators of impairment management assesses the recoverable amount of the investments based on value in use calculations. Value in use is the present value of future cash flows expected to be derived from the investments. The key inputs used in the present value calculations includes the expected future growth in operating revenues and margins in the forecast period long term growth rates and discount rates which are based on significant management assumptions and judgements. Our audit procedures comprised understanding and assessing triggers identified by the management for assessing impairment and evaluating key assumptions relating to business projections and other inputs used by the external valuer in computing the value in use to determine the recoverable amounts. We also involved our internal valuation specialists to challenge assumptions relating to valuation. Additionally we have considered the sensitivity to reasonable possibility of changes in key assumptions and inputs to ascertain whether these possible changes have a material effect on the recoverable amounts.
Refer note 2.3(v) note 2.12 and note 5 to the standalone financial statements.
4 recoverability of deferred tax assets on Minimum alternate tax (Mat) credit principal audit procedures:
The Company avails of the deductions under section 80JJAA of the Income Tax Act since 2016-17 based on an independent external opinion establishing its eligibility and after fulfilling the conditions for claiming such deduction as set out in that section. Our audit procedures consisted of challenging management's key assumptions relating to estimation of future taxable profits available for utilisation of MAT credit. We have also considered the sensitivity to reasonable possibility of changes in key assumptions to ascertain whether these possible changes have a material effect on the availability of future taxable profits within the period available for utilization of deferred tax assets pertaining to MAT credit.
The Company recognises the Minimum Alternate Tax (MAT) credit on the premise that the growth in taxable profits in future years will outpace the quantum of deduction claimed under section 80JJAA of the Income Tax Act thereby enabling the Company to utilise such MAT Credits.
The cumulative deferred tax (MAT) asset balance at 31 March 2019 is र 12328.08 Lakhs. The ability of the Company to avail of the deferred tax assets involves several forward looking assumptions relating to growth in taxable profits and increase in employees over an extended period of time and therefore involves significant judgement.
Refer note 2.3(i) note 2.17 and note 8 to the standalone financial statements.

Information Other than the Financial statements and auditor'sreport thereon

The Company's Board of Directors is responsible for thepreparation of the other information. The other information comprises the informationincluded in the Chairman and Managing Director's statement Board's reportFinancial performance highlights (including segment wise performance) Managementdiscussion and analysis and Report on corporate governance but does not include thestandalone financial statements and our auditor's report thereon.

Our opinion on the standalone financial statements does not cover theother information and we do not express any form of assurance conclusion thereon.

In connection with our audit of the standalone financial statementsour responsibility is to read the other information and in doing so consider whether theother information is materially inconsistent with the standalone financial statements orour knowledge obtained during the course of our audit or otherwise appears to bematerially misstated.

If based on the work we have performed we conclude that there is amaterial misstatement of this other information we are required to report that fact. Wehave nothing to report in this regard.

Management's responsibility for the standalone Financialstatements

The Company's Board of Directors is responsible for the mattersstated in section 134(5) of the Act with respect to the preparation of these standalonefinancial statements that give a true and fair view of the financial position financialperformance total comprehensive income changes in equity and cash flows of the Companyin accordance with the Ind AS and other accounting principles generally accepted in India.This responsibility also includes maintenance of adequate accounting records in accordancewith the provisions of the Act for safeguarding the assets of the Company and forpreventing and detecting frauds and other irregularities; selection and application ofappropriate accounting policies; making judgments and estimates that are reasonable andprudent; and design implementation and maintenance of adequate internal financialcontrols that were operating effectively for ensuring the accuracy and completeness ofthe accounting records relevant to the preparation and presentation of the standalonefinancial statements that give a true and fair view and are free from materialmisstatement whether due to fraud or error.

In preparing the standalone financial statements management isresponsible for assessing the Company's ability to continue as a going concerndisclosing as applicable matters related to going concern and using the going concernbasis of accounting unless management either intends to liquidate the Company or to ceaseoperations or has no realistic alternative but to do so.

The Board of Directors are also responsible for overseeing theCompany's financial reporting process.

auditor's responsibility for the audit of the standalone Financialstatements

Our objectives are to obtain reasonable assurance about whether thestandalone financial statements as a whole are free from material misstatement whetherdue to fraud or error and to issue an auditor's report that includes our opinion.Reasonable assurance is a high level of assurance but is not a guarantee that an auditconducted in accordance with SAs will always detect a material misstatement when itexists. Misstatements can arise from fraud or error and are considered material ifindividually or in the aggregate they could reasonably be expected to influence theeconomic decisions of users taken on the basis of these standalone financial statements.

As part of an audit in accordance with SAs we exercise professionaljudgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of thestandalone financial statements whether due to fraud or error design and perform auditprocedures responsive to those risks and obtain audit evidence that is sufficient andappropriate to provide a basis for our opinion. The risk of not detecting a materialmisstatement resulting from fraud is higher than for one resulting from error as fraudmay involve collusion forgery intentional omissions misrepresentations or the overrideof internal control.

Obtain an understanding of internal financial control relevant to theaudit in order to design audit procedures that are appropriate in the circumstances. Undersection 143(3)(i) of the Act we are also responsible for expressing our opinion onwhether the Company has adequate internal financial controls system in place and theoperating effectiveness of such controls.

Evaluate the appropriateness of accounting policies used and thereasonableness of accounting estimates and related disclosures made by the management.

Conclude on the appropriateness of management's use of the goingconcern basis of accounting and based on the audit evidence obtained whether a materialuncertainty exists related to events or conditions that may cast significant doubt on theCompany's ability to continue as a going concern. If we conclude that a materialuncertainty exists we are required to draw attention in our auditor's report to therelated disclosures in the standalone financial statements or if such disclosures areinadequate to modify our opinion. Our conclusions are based on the audit evidenceobtained up to the date of our auditor's report. However future events or conditionsmay cause the Company to cease to continue as a going concern.

Evaluate the overall presentation structure and content of thestandalone financial statements including the disclosures and whether the standalonefinancial statements represent the underlying transactions and events in a manner thatachieves fair presentation.

Materiality is the magnitude of misstatements in the standalonefinancial statements that individually or in aggregate makes it probable that theeconomic decisions of a reasonably knowledgeable user of the standalone financialstatements may be influenced. We consider quantitative materiality and qualitative factorsin (i) planning the scope of our audit work and in evaluating the results of our work; and(ii) to evaluate the effect of any identified misstatements in the standalone financialstatements.

We communicate with those charged with governance regarding amongother matters the planned scope and timing of the audit and significant audit findingsincluding any significant deficiencies in internal control that we identify during ouraudit.

We also provide those charged with governance with a statement that wehave complied with relevant ethical requirements regarding independence and tocommunicate with them all relationships and other matters that may reasonably be thoughtto bear on our independence and where applicable related safeguards.

From the matters communicated with those charged with governance wedetermine those matters that were of most significance in the audit of the standalonefinancial statements of the current period and are therefore the key audit matters. Wedescribe these matters in our auditor's report unless law or regulation precludespublic disclosure about the matter or when in extremely rare circumstances we determinethat a matter should not be communicated in our report because the adverse consequences ofdoing so would reasonably be expected to outweigh the public interest benefits of suchcommunication.

Other Matter

Corresponding figures of the Company for the year ended 31 March 2018have been audited by another auditor who expressed an unmodified opinion dated 17 May 2018on the standalone financial statements of the Company for the year ended 31 March 2018.

Our opinion on the standalone financial statements is not modified inrespect of the above matter.

report on Other legal and regulatory requirements

1. As required by Section 143(3) of the Act based on our audit wereport that: a) We have sought and obtained all the information and explanations which tothe best of our knowledge and belief were necessary for the purposes of our audit. b) Inour opinion proper books of account as required by law have been kept by the Company sofar as it appears from our examination of those books. c) The Balance Sheet the Statementof Profit and Loss including Other Comprehensive Income Statement of Changes in Equityand the Statement of Cash Flows dealt with by this Report are in agreement with the booksof account. d) In our opinion the aforesaid standalone financial statements comply withthe Ind AS specified under Section 133 of the Act. e) On the basis of the writtenrepresentations received from the directors as on 31 March 2019 taken on record by theBoard of Directors none of the directors is disqualified as on 31 March 2019 from beingappointed as a director in terms of Section 164(2) of the Act. f) With respect to theadequacy of the internal financial controls over financial reporting of the Company andthe operating effectiveness of such controls refer to our separate Report in"Annexure A". Our report expresses an unmodified opinion on the adequacy andoperating effectiveness of the Company's internal financial controls over financialreporting. g) With respect to the other matters to be included in the Auditor'sReport in accordance with the requirements of section 197(16) of the Act as amended: Inour opinion and to the best of our information and according to the explanations given tous the remuneration paid by the Company to its directors during the year is in accordancewith the provisions of section 197 of the Act. h) With respect to the other matters to beincluded in the Auditor's Report in accordance with Rule 11 of the

Companies (Audit and Auditors) Rules 2014 as amended in our opinionand to the best of our information and according to the explanations given to us: i. TheCompany has disclosed the impact of pending litigations on its financial position in itsstandalone financial statements. ii. The Company did not have any long-term contractsincluding derivative contracts for which there were any material foreseeable losses. iii.There were no amounts which were required to be transferred to the Investor Education andProtection Fund by the Company.

2. As required by the Companies (Auditor's Report) Order 2016("the Order") issued by the Central Government in terms of Section 143(11) ofthe Act we give in "Annexure B" a statement on the matters specified inparagraphs 3 and 4 of the Order.

For DelOitte HasKins & sells llp
Chartered Accountants
(Firm's Registration No. 117366W/W-100018)
anand subramanian
Bengaluru Partner
22 May 2019 (Membership No. 110815)

annexure "a"

to the independent auditor's report

(Referred to in paragraph 1(f) under ‘Report on Other Legal andRegulatory Requirements' section of our report to the Members of Quess Corp Limitedof even date)

report on the internal Financial controls Over Financial reportingunder clause (i) of sub-section 3 of section 143 of the companies act 2013 ("theact")

We have audited the internal financial controls over financialreporting of Quess corp limited ("the Company") as of 31 March 2019 inconjunction with our audit of the standalone financial statements of the Company for theyear ended on that date.

Management's responsibility for internal Financial controls

The Board of Directors of the Company is responsible for establishingand maintaining internal financial controls based on the internal control over financialreporting criteria established by the Company considering the essential components ofinternal control stated in the Guidance Note on Audit of Internal Financial Controls OverFinancial Reporting issued by the Institute of Chartered Accountants of India. Theseresponsibilities include the design implementation and maintenance of adequate internalfinancial controls that were operating effectively for ensuring the orderly and efficientconduct of its business including adherence to company's policies the safeguardingof its assets the prevention and detection of frauds and errors the accuracy andcompleteness of the accounting records and the timely preparation of reliable financialinformation as required under the Companies Act 2013.

auditor's responsibility

Our responsibility is to express an opinion on the Company'sinternal financial controls over financial reporting of the Company based on our audit. Weconducted our audit in accordance with the Guidance Note on Audit of Internal FinancialControls Over Financial Reporting (the "Guidance Note") issued by the Instituteof Chartered Accountants of India and the Standards on Auditing prescribed under Section143(10) of the Companies Act 2013 to the extent applicable to an audit of internalfinancial controls. Those Standards and the Guidance Note require that we comply withethical requirements and plan and perform the audit to obtain reasonable assurance aboutwhether adequate internal financial controls over financial reporting was established andmaintained and if such controls operated effectively in all material respects.

Our audit involves performing procedures to obtain audit evidence aboutthe adequacy of the internal financial controls system over financial reporting and theiroperating effectiveness. Our audit of internal financial controls over financial reportingincluded obtaining an understanding of internal financial controls over financialreporting assessing the risk that a material weakness exists and testing and evaluatingthe design and operating effectiveness of internal control based on the assessed risk. Theprocedures selected depend on the auditor's judgement including the assessment ofthe risks of material misstatement of the financial statements whether due to fraud orerror.

We believe that the audit evidence we have obtained is sufficient andappropriate to provide a basis for our audit opinion on the

Company's internal financial controls system over financialreporting of the Company.

Meaning of internal Financial controls Over Financial reporting

A company's internal financial control over financial reporting isa process designed to provide reasonable assurance regarding the reliability of financialreporting and the preparation of financial statements for external purposes in accordancewith generally accepted accounting principles. A company's internal financial controlover financial reporting includes those policies and procedures that (1) pertain to themaintenance of records that in reasonable detail accurately and fairly reflect thetransactions and dispositions of the assets of the company; (2) provide reasonableassurance that transactions are recorded as necessary to permit preparation of financialstatements in accordance with generally accepted accounting principles and that receiptsand expenditures of the company are being made only in accordance with authorisations ofmanagement and directors of the company; and (3) provide reasonable assurance regardingprevention or timely detection of unauthorised acquisition use or disposition of thecompany's assets that could have a material effect on the financial statements.

i nherent limitations of internal Financial controls Over Financialreporting

Because of the inherent limitations of internal financial controls overfinancial reporting including the possibility of collusion or improper managementoverride of controls material misstatements due to error or fraud may occur and not bedetected. Also projections of any evaluation of the internal financial controls overfinancial reporting to future periods are subject to the risk that the internal financialcontrol over financial reporting may become inadequate because of changes in conditionsor that the degree of compliance with the policies or procedures may deteriorate.

Opinion

In our opinion to the best of our information and according to theexplanations given to us the Company has in all material respects an adequate internalfinancial controls system over financial reporting and such internal financial controlsover financial reporting were operating effectively as at 31 March 2019 based on thecriteria for internal financial control over financial reporting established by theCompany considering the essential components of internal control stated in the GuidanceNote on Audit of Internal Financial Controls Over Financial Reporting issued by theInstitute of Chartered Accountants of India.

For DelOitte HasKins & sells llp
Chartered Accountants
(Firm's Registration No. 117366W/W-100018)
anand subramanian
Bengaluru Partner
22 May 2019 (Membership No. 110815)

annexure "B"

to the independent auditor's report

(Referred to in paragraph 2 under ‘Report on Other Legal andRegulatory Requirements' section of our report of even date)

(i) (a) The Company has maintained proper records showing fullparticulars including quantitative details and situation of fixed assets.

(b) The Company has a program of verification of fixed assets to coverall the items in a phased manner over a period of three years which in our opinion isreasonable having regard to the size of the Company and the nature of its assets. Pursuantto the program certain fixed assets were physically verified by the Management during theyear. No material discrepancies were noticed on such verification.

(c) The Company does not have any immovable properties and hencereporting under provisions of clause 3(i)(c)of the Order is not applicable.

(ii) As explained to us the inventories were physically verifiedduring the year by the Management at reasonable intervals and no material discrepancieswere noticed on physical verification.

(iii) The Company has not granted any loans secured or unsecured tocompanies firms limited liability partnerships or other parties covered in the registermaintained under section 189 of the Companies Act 2013.

(iv) In our opinion and according to the information and explanationsgiven to us the Company has complied with the provisions of Sections 185 and 186 of theAct in respect of grant of loans making investments and providing guarantees andsecurities as applicable.

(v) According to the information and explanations given to us theCompany has not accepted deposits during the year and does not have any unclaimed depositsas at 31 March 2019 and therefore the provisions of the clause 3 (v) of the Order are notapplicable to the Company.

(vi) The maintenance of cost records has not been specified by theCentral Government under section 148(1) of the Companies Act 2013 for the businessactivities carried out by the Company. Thus reporting under provisions of the clause 3(vi)of the order is not applicable to the Company.

(vii) According to the information and explanations given to us inrespect of statutory dues:

(a) The Company has generally been regular in depositing undisputedstatutory dues including Provident Fund Employees' State Insurance Income-taxSales Tax Service Tax Goods and Service Tax Customs Duty Excise Duty Value Added Taxcess and other material statutory dues applicable to it to the appropriate authorities.

(b) There were no undisputed amounts payable in respect of ProvidentFund Employees' State Insurance Income-tax Sales Tax Service Tax Goods andService Tax Customs Duty Excise Duty Value Added Tax cess and other material statutorydues in arrears as at 31 March 2019 for a period of more than six months from the datethey became payable.

(c) Details of dues of Income Tax Sales Tax Service Tax Goods andService Tax Customs Duty Excise Duty and Value Added Tax which have not been depositedas on 31 March 2019 on account of disputes are given below:

nature of the statute nature of dues amount in inr Forum where Dispute is pending period to which the amount relates
KVAT Act 2003 Value added tax 39968461 (11990537)* Joint Commissioner of Commercial Taxes (Appeal) - I Bangalore 2016-17

(viii) In our opinion and according to the information and explanationsgiven to us the Company has not defaulted in repayment of loans or borrowings fromfinancial institutions and banks. The Company does not have any outstanding dues todebenture holders as the same is repayable after five years from the date of its issue andCompany did not have any outstanding loans or borrowings from government during the year.

(ix) The Company has not raised moneys by way of initial public offeror further public offer (including debt instruments) during the year. In our opinion andaccording to the information and explanations given to us the money raised by way ofinstitutional Placement Programme during the year ended 31 March 2018 has been applied bythe Company over the year for the purposes for which they were raised.

(x) To the best of our knowledge and according to the information andexplanations given to us no fraud by the Company and no material fraud on the Company byits officers or employees has been noticed or reported during the course of our audit.

(xi) In our opinion and according to the information and explanationsgiven to us the Company has paid/provided managerial remuneration in accordance with therequisite approvals mandated by the provisions of section 197 read with Schedule V to theAct.

(xii) The Company is not a Nidhi Company and hence reporting underclause (xii) of the Order is not applicable.

(xiii) In our opinion and according to the information and explanationsgiven to us the Company is in compliance with Section 177 and 188 of the Companies Act2013 where applicable for all transactions with the related parties and the details ofrelated party transactions have been disclosed in the standalone financial statements asrequired by the applicable accounting standards.

(xiv) During the year the Company has not made any preferentialallotment or private placement of shares or fully or partly convertible debentures andhence reporting under clause (xiv) of the Order is not applicable.

(xv) In our opinion and according to the information and explanationsgiven to us during the year the Company has not entered into any non-cash transactionswith its directors or directors of its holding or persons connected with them and hencethe provisions of section 192 of the Companies Act 2013 are not applicable.

(xvi) The Company is not required to be registered under section 45-IAof the Reserve Bank of India Act 1934.

For DelOitte HasKins & sells llp
Chartered Accountants
(Firm's Registration No. 117366W/W-100018)
anand subramanian
Bengaluru Partner
22 May 2019 (Membership No. 110815)


Notice: Undefined variable: mediaAbsUrl in /usr2/unibs/application/modules/live-market/controllers/CompanyController.php on line 6061