Loreal 2011 Annual Report Download - page 179
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177REGISTRATION DOCUMENT − L’ORÉAL 2011
2011 parent company Financial Statements
5
Statutory Auditors’ Report onthe nancial statements
Concerning the information given in accordance with the requirements of Article L.225-102-1 of the French Commercial Code
relating to remuneration and benefits received by corporate officers and any other commitments made in their favor, we have
verified its consistency with the financial statements, or with the underlying information used to prepare these financial statements
and, where applicable, with the information obtained by your Company from companies controlling it or controlled by it. Based on
this work, we attest to the accuracy and fair presentation of this information.
In accordance with French law, we have verified that the required information concerning the identity of shareholders and holders
of the voting rights has been properly disclosed in the Management Report.
Neuilly-sur-Seine, March2nd, 2012
The Statutory Auditors
PricewaterhouseCoopers Audit Deloitte & Associés
Étienne 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 financial statements and includes an explanatory paragraph 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 financial statements taken as a whole and not to
provide separate assurance on individual account captions or on information taken outside of the financial statements.
This report also includes information relating to the specific verification of information given in the Management Report.
This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.