EasyJet 2009 Annual Report Download - page 58

56 easyJet plc Annual report and accounts 2009
ACCOUNTS
INDEPENDENT AUDITORS’ REPORT
TO THE MEMBERS OF easyJet PLC
We have audited the accounts of easyJet plc for the year ended
30 September 2009 which comprise the Consolidated income statement,
Consolidated balance sheet, Consolidated cash flow statement, Consolidated
statement of recognised income and expense, Company balance sheet,
Company cash flow statement, and the related notes. The financial reporting
framework that has been applied in their preparation is applicable law and
International Financial Reporting Standards (IFRSs) as adopted by the
European Union and, as regards the parent company accounts, as applied
in accordance with the provisions of the Companies Act 2006.
Respective responsibilities of Directors
and auditors
As explained more fully in the Statement of Directors’ responsibilities set
out on page 55, the Directors are responsible for the preparation of the
accounts and for being satisfied that they give a true and fair view.
Our responsibility is to audit the accounts in accordance with applicable law
and International Standards on Auditing (UK and Ireland). Those standards
require us to comply with the Auditing Practices Board’s Ethical Standards
for Auditors.
This report, including the opinions, has been prepared for and only for the
Company’s members as a body in accordance with Sections 495 to 497 of
the Companies Act 2006 and for no other purpose. We do not, in giving
these opinions, accept or assume responsibility for any other purpose or to
any other person to whom this report is shown or into whose hands it may
come save where expressly agreed by our prior consent in writing.
Scope of the audit of the accounts
An audit involves obtaining evidence about the amounts and disclosures in
the accounts sufficient to give reasonable assurance that the accounts are
free from material misstatement, whether caused by fraud or error. This
includes an assessment of: whether the accounting policies are appropriate
to the Group’s and the parent company’s circumstances and have been
consistently applied and adequately disclosed; the reasonableness of
significant accounting estimates made by the Directors; and the overall
presentation of the accounts.
Opinion on accounts
In our opinion:
 the accounts give a true and fair view of the state of the Group’s and
of the parent company’s affairs as at 30 September 2009 and of the
Group’s profit and Group’s and parent company’s cash flows for the
year then ended;
 the Group accounts have been properly prepared in accordance with
IFRSs as adopted by the European Union;
 the parent company accounts have been properly prepared in
accordance with IFRSs as adopted by the European Union and as applied
in accordance with the provisions of the Companies Act 2006; and
 the accounts have been prepared in accordance with the requirements
of the Companies Act 2006 and, as regards the Group accounts, Article
4 of the lAS Regulation.
Opinion on other matters prescribed by the
Companies Act 2006
In our opinion:
 the part of the Report on Directors’ remuneration to be audited has
been properly prepared in accordance with the Companies Act 2006;
and
 the information given in the Directors’ report for the financial year for
which the accounts are prepared is consistent with the accounts.
Matters on which we are required to report
by exception
We have nothing to report in respect of the following:
Under the Companies Act 2006 we are required to report to you if, in our
opinion:
 adequate accounting records have not been kept by the parent company,
or returns adequate for our audit have not been received from branches
not visited by us; or
 the parent company accounts and the part of the Report on Directors’
remuneration to be audited are not in agreement with the accounting
records and returns; or
 certain disclosures of Directors’ remuneration specified by law are not
made; or
 we have not received all the information and explanations we require for
our audit.
Under the Listing Rules we are required to review:
 the Directors’ statement, set out on page 27, in relation to going concern;
and
 the parts of the Corporate governance statement relating to the
Company’s compliance with the nine provisions of the June 2008
Combined Code specified for our review.
Roger de Peyrecave (Senior Statutory Auditor)
for and on behalf of PricewaterhouseCoopers LLP
Chartered Accountants and Statutory Auditors
St Albans, Hertfordshire
16 November 2009