Vodafone 2016 Annual Report Download - page 87

Overview Strategy review Performance Governance Financials Additional information
Vodafone Group Plc
Annual Report 2016
85
Other required reporting
Consistency of other information
Companies Act 2006 opinions
In our opinion:
a the information given in the Strategic Report and the Directors’ report for the nancial year for which the nancial statements are prepared
is consistent with the nancial statements; and
a the information given in the corporate governance statement set out on pages 76 and 77 with respect to internal control and risk management
systems and about share capital structures is consistent with the nancial statements.
ISAs (UK and Ireland) reporting
Under ISAs (UK and Ireland) we are required to report to you if, in our opinion:
a Information in the Annual Report is:
a materially inconsistent with the information in the audited nancial statements; or
a apparently materially incorrect based on, or materially inconsistent with, our knowledge of the
Group and Company acquired in the course of performing our audit; or
a otherwise misleading.
We have no exceptions to report arising
from this responsibility.
a the statement given by the Directors on pages 76 and 77, in accordance with provision C.1.1 of the
2014 UK Corporate Governance Code (the ‘Code’), that they consider the Annual Report taken
as a whole to be fair, balanced and understandable and provides the information necessary for
members to assess the Group’s and Company’s position and performance, business model and
strategy is materially inconsistent with our knowledge of the Group and Company acquired in the
course of performing our audit.
We have no exceptions to report arising
from this responsibility.
a the section of the Annual Report on page 47, as required by provision C.3.8 of the Code, describing
the work of the Audit and Risk Committee does not appropriately address matters communicated
by us to the Audit and Risk Committee.
We have no exceptions to report arising
from this responsibility.
The Directors’ assessment of the prospects of the Group and of the principal risks that would threaten the solvency
or liquidity of the Group
Under ISAs (UK and Ireland) we are required to report to you if we have anything material to add or to
draw attention to in relation to:
a the Directors’ conrmation on page 76 of the Annual Report, in accordance with provision
C.2.1of the Code, that they have carried out a robust assessment of the principal risks facing the
Group, including those that would threaten its business model, future performance, solvency
or liquidity.
We have nothing material to add or to
draw attention to.
a the disclosures in the Annual Report that describe those risks and explain how they are being
managed or mitigated.
We have nothing material to add or to
draw attention to.
a the Directors’ explanation on page 29 of the Annual Report, in accordance with provision
C.2.2of the Code, as to how they have assessed the prospects of the Group, over what period
they have done so and why they consider that period to be appropriate, and their statement
as to whether they have a reasonable expectation that the Group will be able to continue
in operation and meet its liabilities as they fall due over the period of their assessment, including
any related disclosures drawing attention to any necessary qualications or assumptions.
We have nothing material to add or to
draw attention to.
Under the Listing Rules we are required to review the Directors’ statement that they have carried out
a robust assessment of the principal risks facing the Group and the Directors’ statement in relation
to the longer-term viability of the Group. Our review was substantially less in scope than an audit and
only consisted of making inquiries and considering the Directors’ process supporting their statements;
checking that the statements are in alignment with the relevant provisions of the Code; and
considering whether the statements are consistent with the knowledge acquired by us in the course
of performing our audit. We have nothing to report having performed our review.
Adequacy of accounting records and information and explanations received
Under the Companies Act 2006 we are required to report to you if, in our opinion:
a we have not received all the information and explanations we require for our audit; or
a adequate accounting records have not been kept by the Company, or returns adequate for our audit have not been received from branches not
visited by us; or
a the Company nancial statements and the part of the Directors’ remuneration report to be audited are not in agreement with the accounting
records and returns.
We have no exceptions to report arising from this responsibility.