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01 INTEGRATED 73 STATUTORY 178 FINANCIAL
STATEMENTS
REPORTS
REPORT
Consolidated

concern and using the going concern basis of accounting unless material uncertainty exists, we are required to draw attention
the respective Board of Directors either intends to liquidate the in our auditor’s report to the related disclosures in the
Company or to cease operations, or has no realistic alternative but Consolidated Financial Statements or, if such disclosures
to do so. are inadequate, to modify our opinion. Our conclusions are
The respective Board of Directors of the companies included in the based on the audit evidence obtained up to the date of our
Group and of its associate and joint ventures are responsible for auditor’s report. However, future events or conditions may
overseeing the financial reporting process of each company. cause the Group and its associate and joint ventures to cease
to continue as a going concern.
Auditor’s Responsibilities for the Audit of the • Evaluate the overall presentation, structure and content
Consolidated Financial Statements of the Consolidated Financial Statements, including the
Our objectives are to obtain reasonable assurance about whether disclosures, and whether the Consolidated Financial
the Consolidated Financial Statements as a whole are free from Statements represent the underlying transactions and events
material misstatement, whether due to fraud or error, and to in a manner that achieves fair presentation.
issue an auditor’s report that includes our opinion. Reasonable
assurance is a high level of assurance, but is not a guarantee that • Obtain sufficient appropriate audit evidence regarding the
an audit conducted in accordance with SAs will always detect a financial statements/financial information of such entities
material misstatement when it exists. Misstatements can arise or business activities within the Group and its associate and
from fraud or error and are considered material if, individually or joint ventures to express an opinion on the Consolidated
in the aggregate, they could reasonably be expected to influence Financial Statements. We are responsible for the direction,
the economic decisions of users taken on the basis of these supervision and performance of the audit of the financial
Consolidated Financial Statements. statements/financial information of such entities included in
the Consolidated Financial Statements of which we are the
As part of an audit in accordance with SAs, we exercise professional independent auditors. For the other entities included in the
judgment and maintain professional skepticism throughout the Consolidated Financial Statements, which have been audited
audit. We also: by other auditors, such other auditors remain responsible for
• Identify and assess the risks of material misstatement of the the direction, supervision and performance of the audits
Consolidated Financial Statements, whether due to fraud or carried out by them. We remain solely responsible for our
error, design and perform audit procedures responsive to audit opinion. Our responsibilities in this regard are further
those risks, and obtain audit evidence that is sufficient and described in paragraph (a) of the section titled “Other
appropriate to provide a basis for our opinion. The risk of not Matters” in this audit report.
detecting a material misstatement resulting from fraud is
higher than for one resulting from error, as fraud may involve We communicate with those charged with governance of
collusion, forgery, intentional omissions, misrepresentations, the Holding Company and such other entities included in
or the override of internal control. the Consolidated Financial Statements of which we are the
independent auditors regarding, among other matters, the
• Obtain an understanding of internal control relevant to the
audit in order to design audit procedures that are appropriate planned scope and timing of the audit and significant audit
in the circumstances. Under Section 143(3)(i) of the Act, we findings, including any significant deficiencies in internal control
are also responsible for expressing our opinion on whether that we identify during our audit.
the Group has adequate internal financial controls with We also provide those charged with governance with a statement
reference to financial statements in place and the operating that we have complied with relevant ethical requirements
effectiveness of such controls. regarding independence, and to communicate with them all
• Evaluate the appropriateness of accounting policies used relationships and other matters that may reasonably be thought
and the reasonableness of accounting estimates and related to bear on our independence, and where applicable, related
disclosures made by the Management and Board of Directors. safeguards.
• Conclude on the appropriateness of the Management From the matters communicated with those charged with
and Board of Directors use of the going concern basis governance, we determine those matters that were of most
of accounting in preparation of Consolidated Financial significance in the audit of the Consolidated Financial Statements
Statements and, based on the audit evidence obtained, of the current period and are therefore the key audit matters.
whether a material uncertainty exists related to events We describe these matters in our auditor’s report unless law or
or conditions that may cast significant doubt on the regulation precludes public disclosure about the matter or when,
appropriateness of this assumption. If we conclude that a in extremely rare circumstances, we determine that a matter

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