Loreal 2011 Annual Report Download - page 148
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146 REGISTRATION DOCUMENT − L’ORÉAL 2011
42011 Consolidated Financial Statements
Statutory Auditors’ Report onthe consolidated nancial statements
III.Specific verification
As required by law and in accordance with professional standards applicable in France, we have also verified the information
presented in the Group’s Management Report. We have no matters to report as to its fair presentation and its consistency with the
consolidated financial statements.
Neuilly-sur-Seine, March 2nd, 2012
The Statutory Auditors
PricewaterhouseCoopers Audit Deloitte & Associés
Etienne Boris David Dupont-Noel
This is a free translation into English of the Statutory Auditors’ report issued in French and is provided solely for the convenience of English speaking readers.
The Statutory Auditors’ report includes information specifically required by French law in such reports, whether modified or not. This information is presented
below the opinion on the consolidated financial statements and includes explanatory paragraphs discussing the Auditors’ assessments of certain significant
accounting and auditing matters. These assessments were considered for the purpose of issuing an audit opinion on the consolidated financial statements taken
as a whole and not to provide separate assurance on individual account captions or on information taken outside of the consolidated financial statements.
This report also includes information relating to the specific verification of information given in the Group’s Management Report.
This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.