Bursa Malaysia • Annual Report 2013
84
Financial Reports
Independent Auditors’ Report
to the Members of Bursa Malaysia Berhad (Incorporated in Malaysia)
Report on the financial statements
We have audited the financial statements of Bursa Malaysia Berhad, which comprise the statements of financial position as at 31 December 2013 of the Group
and of the Company, and the income statements, statements of comprehensive income, statements of changes in equity and statements of cash flows of the
Group and of the Company for the year then ended, and a summary of significant accounting policies and other explanatory information, as set out on pages 86
to 179.
Directors’ responsibility for the financial statements
The Directors of the Company are responsible for the preparation of financial statements that give a true and fair view in accordance with Malaysian Financial
Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act, 1965 in Malaysia. The Directors are also responsible
for such internal control as the Directors determine is necessary to enable the preparation of financial statements that are free from material misstatement,
whether due to fraud or error.
Auditors’ responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with approved standards on
auditing in Malaysia. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance whether
the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected
depend on our judgement, including the assessment of risks of material misstatement of the financial statements, whether due to fraud or error. In making those
risk assessments, we consider internal control relevant to the entity’s preparation of financial statements that give a true and fair view in order to design audit
procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. An audit
also includes evaluating the appropriateness of the accounting policies used and the reasonableness of accounting estimates made by the Directors, as well as
evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements give a true and fair view of the financial positions of the Group and of the Company as at 31 December 2013 and of their
financial performance and cash flows for the year then ended in accordance with Malaysian Financial Reporting Standards, International Financial Reporting
Standards and the requirements of the Companies Act, 1965 in Malaysia.
Report on other legal and regulatory requirements
In accordance with the requirements of the Companies Act, 1965 in Malaysia, we also report the following:
(a) In our opinion, the accounting and other records and the registers required by the Act to be kept by the Company and its subsidiaries have been properly
kept in accordance with the provisions of the Act.
(b) We are satisfied that the financial statements of the subsidiaries that have been consolidated with the financial statements of the Company are in form and
content appropriate and proper for the purposes of the preparation of the consolidated financial statements and we have received satisfactory information
and explanations required by us for those purposes.
(c) The auditors’ reports on the financial statements of the subsidiaries were not subject to any qualification and did not include any comment required to be
made under Section 174(3) of the Act.
