Vodafone 2013 Annual Report Download - page 161

Independent auditor’s report to the members
of Vodafone Group Plc
We have audited the parent company nancial statements of Vodafone
Group Plc for the year ended 31 March 2013 which comprise the
balance sheet and the related notes 1 to 11. The nancial reporting
framework that has been applied in their preparation is applicable law
and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
This report is made solely to the company’s members, as a body,
in accordance with Chapter 3 of Part 16 of the Companies Act 2006.
Our audit work has been undertaken so that we might state to the
company’s members those matters we are required to state to them
in an auditor’s report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone
other than the company and the company’s members as a body, for our
audit work, for this report, or for the opinions we have formed.
Respective responsibilities of directors and auditor
As explained more fully in the Directors’ statement of responsibility,
the directors are responsible for the preparation of the parent company
nancial statements and for being satised that they give a true and fair
view. Our responsibility is to audit and express an opinion on the parent
company nancial statements in accordance with applicable law and
International Standards on Auditing (UK and Ireland). Those standards
require us to comply with the Auditing Practices Board’s Ethical
Standards for Auditors.
Scope of the audit of the nancial statements
An audit involves obtaining evidence about the amounts and disclosures
in the nancial statements sufcient to give reasonable assurance
that the nancial statements are free from material misstatement,
whether caused by fraud or error. This includes an assessment
of: whether the accounting policies are appropriate to the parent
company’s circumstances and have been consistently applied and
adequately disclosed; the reasonableness of signicant accounting
estimates made by the directors; and the overall presentation of the
nancial statements and to identify any information that is apparently
materially incorrect based on, or materially inconsistent with,
the knowledge acquired by us in the course of performing the audit.
In addition, we read all the nancial and non-nancial information in the
annual report to identify material inconsistencies with the audited
nancial statements. If we become aware of any apparent material
misstatements or inconsistencies we consider the implications for
our report.
Opinion on nancial statements
In our opinion the parent company nancial statements:
a give a true and fair view of the state of the company’s affairs
as at 31 March 2013;
a have been properly prepared in accordance with United Kingdom
Generally Accepted Accounting Practice; and
a have been prepared in accordance with the requirements of the
Companies Act 2006.
Opinion on other matters prescribed by the
Companies Act 2006
In our opinion:
a the part of the directors’ remuneration report to be audited has been
properly prepared in accordance with the Companies Act 2006; and
a the information given in the directors’ report for the nancial year for
which the nancial statements are prepared is consistent with the
parent company nancial statements.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the
Companies Act 2006 requires us to report to you if, in our opinion:
a adequate accounting records have not been kept by the parent
company, or returns adequate for our audit have not been received
from branches not visited by us; or
a the parent company nancial statements and the part of the
directors’ remuneration report to be audited are not in agreement
with the accounting records and returns; or
a certain disclosures of directors’ remuneration specied by law are not
made; or
a we have not received all the information and explanations we require
for our audit.
Other matter
We have reported separately on the group nancial statements
of Vodafone Group Plc for the year ended 31 March 2013.
Panos Kakoullis FCA (Senior Statutory Auditor)
for and on behalf of Deloitte LLP
Chartered Accountants and Statutory Auditor
London
United Kingdom
21 May 2013
Audit report on the Company nancial statements
159 Vodafone Group Plc
Annual Report 2013
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