Vodafone 2006 Annual Report Download - page 141

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Vodafone Group Plc Annual Report 2006 139
Independent Auditor’s Report to the Members of Vodafone Group Plc
We have audited the individual Company Financial Statements of Vodafone Group Plc for
the year ended 31 March 2006 which comprise the balance sheet and the related notes
1 to 10. These individual Company Financial Statements have been prepared under the
accounting policies set out therein.
The corporate governance statement and the directors’ remuneration report are
included in the Group annual report of Vodafone Group Plc for the year ended 31 March
2006. We have reported separately on the Consolidated Financial Statements of
Vodafone Group Plc for the year ended 31 March 2006 and on the information in the
directors’ remuneration report that is described as having been audited.
Respective responsibilities of directors and auditors
The directors’ responsibilities for preparing the annual report and the individual
Company Financial Statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice) are set
out in the statement of directors’ responsibilities.
Our responsibility is to audit the individual Company Financial Statements in accordance
with relevant United Kingdom legal and regulatory requirements and International
Standards on Auditing (UK and Ireland).
We report to you our opinion as to whether the individual Company Financial
Statements give a true and fair view in accordance with the relevant financial reporting
framework and whether the individual Company Financial Statements have been
properly prepared in accordance with the Companies Act 1985. We report to you if in our
opinion the information given in the directors’ report is not consistent with the individual
Company Financial Statements. We also report to you if, in our opinion, the Company
has not kept proper accounting records, if we have not received all the information and
explanations we require for our audit, or if information specified by law regarding
directors’ remuneration and other transactions is not disclosed.
We read the directors’ report and the other information contained in the annual report
for the above year as described in the contents section and consider the implications for
our report if we become aware of any apparent misstatements or material
inconsistencies with the individual Company Financial Statements.
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 individual Company
Financial Statements. It also includes an assessment of the significant estimates and
judgements made by the directors in the preparation of the individual Company
Financial 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 sufficient
evidence to give reasonable assurance that the individual Company Financial
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 individual Company Financial Statements.
Opinion
In our opinion:
•the individual Company Financial 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 2006;
•the individual Company Financial Statements have been properly prepared in
accordance with the Companies Act 1985; and
•the information given in the directors’ report is consistent with the Company
Financial Statements.
Deloitte & Touche LLP
Chartered Accountants and Registered Auditors
London
United Kingdom
30 May 2006
Financials