Experian 2014 Annual Report Download - page 103

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Statement of directors’
responsibilities
The directors are responsible for:
• preparing the annual report,
the Group and parent company
financial statements and the Report
on directors’ remuneration in
accordance with applicable law
and regulations;
• preparing financial statements which
give a true and fair view of the state of
affairs at the balance sheet date, and
the profit or loss for the period then
ended of (a) the Group (in accordance
with IFRSs as adopted for use in
the European Union), and (b) the
Company (in accordance with
UK Accounting Standards);
• keeping proper accounting records
which disclose, with reasonable
accuracy, at any time the financial
position of the Group and the
Company and enable them to
ensure that the Group financial
statements comply with applicable
law and Article 4 of the International
Accounting Standards Regulation;
• taking such steps as are reasonably
open to them to safeguard the assets
of the Company and the Group, and
to prevent and detect fraud and other
irregularities; and
• the maintenance and integrity
of the statutory and audited
information on the Company’s
website (Jersey legislation and
UK regulation governing the
preparation and dissemination of
financial statements may differ from
requirements in other jurisdictions).
In addition, the directors consider that,
in preparing the financial statements:
• suitable accounting policies
have been selected and
applied consistently;
• judgments and estimates made have
been reasonable and prudent;
• the Group financial statements
comply with IFRSs as adopted for use
in the European Union;
• all accounting standards which
they consider applicable have been
followed in preparing the parent
company financial statements; and
• it is appropriate that the Group and
parent company financial statements
have been prepared on a going
concern basis.
The directors confirm also that, to the
best of their knowledge, the financial
statements are prepared in accordance
with the applicable set of accounting
standards, give a true and fair view of
the assets, liabilities, financial position
and profit of the Company and the Group
taken as a whole; and the Strategic report
contains a fair review of the development
and performance of the business and
the position of the Company and the
Group taken as a whole, together with
a description of the principal risks and
uncertainties that they face.
In addition, each of the directors
considers that the annual report and
financial statements, taken as a whole,
is fair, balanced and understandable
and provides the information necessary
for shareholders to assess the
Company’s performance, business
model and strategy.
By order of the Board
Charles Brown
Company Secretary
6 May 2014
Corporate headquarters:
Newenham House
Northern Cross
Malahide Road
Dublin 17
Ireland
Registered office:
22 Grenville Street
St Helier
Jersey
JE4 8PX
Governance • Directors’ report