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8 | Further Information | Responsibility Statement | Independent Auditor’s Report
Independent Auditor’s Report
Report on the Consolidated Financial Statements. We have
audited the accompanying consolidated financial statements
of Daimler AG, Stuttgart, and its subsidiaries, which comprise
the consolidated statement of income/loss, the consolidated
statement of comprehensive income/loss, the consolidated
statement of financial position, the consolidated statement
of changes in equity, the consolidated statement of cash flows,
and notes to the consolidated financial statements for the
business year from January 1 to December 31, 2012.
Management’s Responsibility for the Consolidated Financial
Statements. The management of Daimler AG is responsible
for the preparation of these consolidated financial statements.
This responsibility includes preparing these consolidated
financial statements in accordance with International Financial
Reporting Standards as adopted by the EU, and the supple-
mentary requirements of German law pursuant to § (Article) 315a
Abs. (paragraph) 1 HGB (Handelsgesetzbuch: “German Com-
mercial Code”), to give a true and fair view of the net assets,
financial position and results of operations of the group in
accordance with these requirements. The company’s manage-
ment is also responsible for the internal controls that man-
agement determines are necessary to enable the preparation
of consolidated financial statements that are free from
material misstatement, whether due to fraud or error.
Auditor’s Responsibility. Our responsibility is to express
an opinion on these consolidated financial statements based
on our audit. We conducted our audit in accordance with
§ 317 HGB and German generally accepted standards for the
audit of financial statements promulgated by the Institut
der Wirtschaftsprüfer (Institute of Public Auditors in Germany)
(IDW) as well as in supplementary compliance with Interna-
tional Standards on Auditing (ISA). Accordingly, we are required
to comply with ethical requirements and plan and perform
the audit to obtain reasonable assurance about whether the
consolidated financial statements are free from material
misstatement.
An audit involves performing audit procedures to obtain audit
evidence about the amounts and disclosures in the consoli-
dated financial statements. The selection of audit procedures
depends on the auditor’s professional judgment. This includes
the assessment of the risks of material misstatement of the
consolidated financial statements, whether due to fraud or error.
In assessing those risks, the auditor considers the internal
control system relevant to the entity’s preparation of the con-
solidated financial statements that give a true and fair view.
The aim of this is to plan and perform audit procedures that
are appropriate in the given circumstances, but not for the
purpose of expressing an opinion on the effectiveness of the
group’s internal control system. An audit also includes eval-
uating the appropriateness of accounting policies used and the
reasonableness of accounting estimates made by manage-
ment, as well as evaluating the overall presentation of the
consolidated financial statements.
We believe that the audit evidence we have obtained is suffi-
cient and appropriate to provide a basis for our audit opinion.
Audit Opinion. Pursuant to § 322 Abs. 3 Satz (sentence) 1 HGB,
we state that our audit of the consolidated financial state-
ments has not led to any reservations.
In our opinion, based on the findings of our audit, the consoli-
dated financial statements comply in all material respects
with IFRSs as adopted by the EU and the supplementary require-
ments of German commercial law pursuant to § 315a Abs. 1
HGB and give a true and fair view of the net assets and financial
position of the Group as at December 31, 2012 as well as
the results of operations for the business year then ended,
in accordance with these requirements.
Report on the Combined Management Report. We have
audited the accompanying group management report of
Daimler AG, which is combined with the management report
of the company for the business year from January 1 to
December 31, 2012. The management of Daimler AG is respon-
sible for the preparation of this combined management report
in compliance with the applicable requirements of German
commercial law pursuant to § 315a Abs. 1 HGB (Handelsgesetz-
buch: German Commercial Code). We conducted our audit
in accordance with § 317 Abs. 2 HGB and German generally
accepted standards for the audit of the combined management
report promulgated by the Institut der Wirtschaftsprüfer
(Institute of Public Auditors in Germany) (IDW). Accordingly,
we are required to plan and perform the audit of the combined
management report to obtain reasonable assurance about
whether the combined management report is consistent with
the consolidated financial statements and the audit findings,
and as a whole provides a suitable view of the Group’s position
and suitably presents the opportunities and risks of future
development.
Pursuant to § 322 Abs. 3 Satz 1 HGB, we state that our
audit of the combined management report has not led to any
reservations.
In our opinion, based on the findings of our audit of the
consolidated financial statements and combined management
report, the combined management report is consistent with
the consolidated financial statements, and as a whole provides
a suitable view of the Group’s position and suitably presents
the opportunities and risks of future development.
Stuttgart, February 21, 2013
KPMG AG Wirtschaftsprüfungsgesellschaft
Becker Meyer
Wirtschaftsprüfer Wirtschaftsprüfer