DHL 2012 Annual Report Download - page 218

INDEPENDENT AUDITOR’S REPORT
To Deutsche Post 
Report on the Consolidated Financial Statements
We have audited the consolidated nancial statements of
Deutsche Post , Bonn, and its subsidiaries, which comprise the
income statement and the statement of comprehensive income, the
balance sheet, the cash ow statement, the statement of changes in
equity, and the notes to the consolidated nancial statements, for
the business year from  January to  December .
  ’   
 
e Board of Management of Deutsche Post , Bonn, is
responsible for the preparation of these consolidated nancial
statements. e preparation of the consolidated nancial state-
ments and the group management report in accordance with the
 s, as adopted by the , and the additional requirements of
German commercial law pursuant to  (Article)  a Abs. (para-
graph)   (“Handelsgesetzbuch”: German Commercial Code)
and that these consolidated nancial statements give a true and fair
view of the net assets, nancial position and results of operations
of the group in accordance with these requirements. e Board
of Management is also responsible for the internal controls as
the Board of Management determines are necessary to enable the
preparation of consolidated nancial statements that are free from
material misstatement, whether due to fraud or error.
’ 
Our responsibility is to express an opinion on these consoli-
dated nancial statements based on our audit. We conducted our
audit of the consolidated nancial statements in accordance with
   and German generally accepted standards for the audit
of nancial statements promulgated by the Institut der Wirtschas-
prüfer (Institute of Public Auditors in Germany)  and, add-
itionally, observed the International Standards on Auditing .
Accordingly, we are required to comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance
about whether the consolidated nancial statements are free from
material misstatement.
An audit involves performing audit procedures to obtain audit
evidence about the amounts and disclosures in the consolidated
nancial statements. e selection of audit procedures depends on
the auditor’s professional judgment. is includes the assessment
of the risks of material misstatement of the consolidated nancial
statements, whether due to fraud or error. In assessing those risks,
the auditor considers the internal control system relevant to the
entity’s preparation of consolidated nancial statements that give
a true and fair view. e aim of this is to plan and perform audit
procedures that are appropriate in the given circumstances, but not
for the purpose of expressing an opinion on the eectiveness of the
group’s internal control system. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonable-
ness of accounting estimates made by the Board of Management,
as well as evaluating the overall presentation of the consolidated
nancial statements.
We believe that the audit evidence we have obtained is suf-
cient and appropriate to provide a basis for our audit opinion.
 
According to   Abs.  Satz (sentence)  , we state that
our audit of the consolidated nancial statements has not led to
any reservations.
In our opinion based on the ndings of our audit, the con-
solidated nancial statements comply, in all material respects, with
 s, as adopted by the , and the additional requirements of
German commercial law pursuant to   a Abs.   and givea
true and fair view of the net assets and nancial position of the
Group as at  December  as well as the results of oper-
ations for the business year then ended, in accordance with these
requirements.
Report on the Group Management Report
We have audited the accompanying group management
report of Deutsche Post , Bonn, for the business year from
 January to  December . e Board of Management of
Deutsche Post , Bonn, is responsible for the preparation of the
group management report in accordance with the requirements
of German commercial law applicable pursuant to  a  .
We conducted our audit in accordance with   Abs.   and
German generally accepted standards for the audit of the group
management report promulgated by the Institut der Wirtschas-
prüfer ( Institute of Public Auditors in Germany) . Accord-
ingly, we are required to plan and perform the audit of the group
management report to obtain reasonable assurance about whether
the group management report is consistent with the consolidated
nancial statements and the audit ndings, as a whole provides
a suitable view of the Group’s position and suitably presents the
opportunities and risks of future development.
According to   Abs.  Satz  , we state that our audit
of the group management report has not led to any reservations.
In our opinion based on the ndings of our audit of the
consolidated nancial statements and group management report,
the group management report is consistent with the consolidated
nancial statements, as a whole provides a suitable view of the
Group’s position and suitably presents the opportunities and risks
of future development.
Düsseldorf,  February 
PricewaterhouseCoopers
Aktiengesellscha
Wirtschasprüfungsgesellscha
Gerd Eggemann Dietmar Prümm
Wirtschasprüfer Wirtschasprüfer
(German Public Auditor) (German Public Auditor)
Deutsche Post DHL Annual Report 
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