Qantas 2002 Annual Report Download - page 50

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p48 THE SPIRIT OF AUSTRALIA
In the opinion of the Directors of Qantas Airways Limited, the accompanying Concise Financial Report of the consolidated
entity, comprising Qantas Airways Limited and its controlled entities for the year ended 30 June 2002, set out on pages 27
to 47:
(a) has been derived from or is consistent with the full Financial Report for the financial year; and
(b) complies with Accounting Standard AASB 1039 Concise Financial Reports.
Signed pursuant to a Resolution of the Directors:
Margaret Jackson Geoff Dixon
Chairman Chief Executive Officer
Sydney, 2 September 2002
directors’ declaration
Scope
We have audited the Concise Financial Report of Qantas Airways Limited (“the Company”) and its controlled entities for the
financial year ended 30 June 2002, consisting of the Statement of Financial Performance, Statement of Financial Position,
Statement of Cash Flows, accompanying notes, and the accompanying discussion and analysis on the Statement of Financial
Performance, Statement of Financial Position and Statement of Cash Flows (set out on pages 27 to 47) in order to express an
opinion on it to the members of the Company. The Company’s Directors are responsible for the Concise Financial Report.
Our audit has been conducted in accordance with Australian Auditing Standards to provide reasonable assurance whether the
Concise Financial Report is free of material misstatement. We have also performed an independent audit of the full Financial
Report of Qantas Airways Limited and its controlled entities for the year ended 30 June 2002. Our audit report on the full
Financial Report was signed on 2 September 2002, and was not subject to any qualification.
Our procedures in respect of the audit of the Concise Financial Report included testing that the information in the Concise
Financial Report is consistent with the full Financial Report and examination, on a test basis, of evidence supporting the
amounts, discussion and analysis, and other disclosures which were not directly derived from the full Financial Report. These
procedures have been undertaken to form an opinion whether, in all material respects, the Concise Financial Report is
presented fairly in accordance with Accounting Standard AASB 1039 Concise Financial Reports issued in Australia.
The audit opinion expressed in this report has been formed on the above basis.
Audit opinion
In our opinion, the Concise Financial Report of Qantas Airways Limited and its controlled entities for the year ended
30 June 2002 complies with Accounting Standard AASB 1039 Concise Financial Reports issued in Australia.
KPMG Mark Epper
Partner
Sydney, 2 September 2002
independent audit report on the concise financial report
to the members of qantas airways limited