Samsung 2014 Annual Report Download - page 40

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Financial Statements
We have audited the accompanying consolidated financial statements
of Samsung Electronics Co., Ltd. and its subsidiaries (collectively
the “Group”), which comprise the consolidated statements of financial
position as at December 31, 2014 and 2013, and the consolidated
statements of income, consolidated statements of comprehensive in-
come, consolidated statements of changes in equity and consolidated
statements of cash flows for the years then ended, and a summary of
significant accounting policies and other explanatory information.
Management’s responsibility for the financial statements
Management is responsible for the preparation and fair presentation of
these financial statements in accordance with the International Finan-
cial Reporting Standards as adopted by the Republic of Korea (“Korean
IFRS”) and for such internal control as management determines is nec-
essary to enable the preparation of financial statements that are free
from material misstatement, whether due to fraud or error.
INDEPENDENT AUDITOR’S
REPORT
To the Board of Directors and
Shareholders of
Samsung Electronics Co., Ltd.