Experian 2009 Annual Report Download - page 139

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137Experian Annual Report 2009
Introduction
2 – 7
Business review
8 – 43
Governance
44 – 72
Financial statements
Company nancial statements
Independent auditors’ report to the members of Experian plc
We have audited the parent company nancial statements of Experian plc for the year ended 31 March 2009 which comprise
the parent company prot and loss account, the parent company balance sheet and the related notes. These parent company
nancial statements have been prepared under the accounting policies set out therein. We have also audited the information in
the report on directors’ remuneration that is described as having been audited.
We have reported separately on the Group nancial statements of Experian plc for the year ended 31 March 2009.
Respective responsibilities of directors and auditors
The directors’ responsibilities for preparing the annual report, the report on directors’ remuneration and the parent company
nancial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting
Practice) are set out in the statement of directors’ responsibilities.
Our responsibility is to audit the parent company nancial statements in accordance with relevant legal and regulatory requirements
and International Standards on Auditing (UK and Ireland). This report, including the opinion, has been prepared for and only for the
Company’s members as a body in accordance with Article 110 of the Companies (Jersey) Law 1991 and for no other purpose. We do
not, in giving this opinion, 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.
We report to you our opinion as to whether the nancial statements give a true and fair view and are properly prepared in
accordance with the Companies (Jersey) Law 1991. We also report to you whether in our opinion the information given in the
directors’ report is consistent with the parent company nancial statements. The information given in the directors’ report
includes that specic information presented in the business review that is cross referred from the directors’ report.
In addition we report to you if, in our opinion, the Company has not kept proper accounting records or if we have not received all
the information and explanations we require for our audit.
We read the other information contained in the annual report, and consider whether it is consistent with the audited parent
company nancial statements. This other information comprises only the Group nancial highlights, the directors’ report, the
chairman’s statement, the business review, the board of directors, the unaudited part of the report on directors’ remuneration,
the corporate governance statement and all of the other information listed on the contents listing. We consider the implications
for our report if we become aware of any apparent misstatements or material inconsistencies with the parent company nancial
statements. Our responsibilities do not extend to any other information.
Basis of audit opinion
We conducted our audit in accordance with International Standards on Auditing (UK and Ireland) issued by the Auditing
Practices Board. An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the
parent company nancial statements. It also includes an assessment of the signicant estimates and judgments made by
the directors in the preparation of the nancial statements, and of whether the accounting policies are appropriate to the
Company’s circumstances, consistently applied and adequately disclosed.
We planned and performed our audit so as to obtain all the information and explanations which we considered necessary in
order to provide us with sufcient evidence to give reasonable assurance that the parent company nancial statements are free
from material misstatement, whether caused by fraud or other irregularity or error. In forming our opinion we also evaluated the
overall adequacy of the presentation of information in the parent company nancial statements.
Opinion
In our opinion:
the parent company nancial statements give a true and fair view, in accordance with United Kingdom Generally
-
Accepted Accounting Practice, of the state of the Company’s affairs as at 31 March 2009 and of the prot for the year
then ended;
the parent company nancial statements have been properly prepared in accordance with the Companies (Jersey) Law
-
1991; and
the information given in the directors’ report is consistent with the parent company nancial statements. -
PricewaterhouseCoopers LLP
Chartered Accountants and Registered Auditors
London, United Kingdom
19 May 2009
Report of the auditors:
parent company nancial statements