ING Direct 2004 Annual Report Download - page 144
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142 ING Group Annual Report 2004
Introduction
We have audited the annual accounts of ING Groep N.V., Amsterdam, for the year 2004. These annual accounts are the
responsibility of the company’s management. Our responsibility is to express an opinion on these annual accounts based
on our audit.
Scope
We conducted our audit in accordance with auditing standards generally accepted in the Netherlands. Those standards require
that we plan and perform the audit to obtain reasonable assurance about whether the annual accounts are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the annual
accounts. An audit also includes assessing the accounting principles used and significant estimates made by management, as
well as evaluating the overall presentation of the annual accounts. We believe that our audit provides a reasonable basis for
our opinion.
Opinion
In our opinion, the annual accounts give a true and fair view of the financial position of the company as at 31 December 2004
and of the result for the year then ended in accordance with accounting principles generally accepted in the Netherlands and
comply with the financial reporting requirements included in Part 9 of Book 2, of the Netherlands Civil Code.
Amsterdam, 7 March 2005
for Ernst & Young Accountants
Rob Lelieveld Jan Nooitgedagt
AUDITORS’ REPORT2.2
OTHER INFORMATION