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77
AUDITOR’S REPORT TO THE FINANCIAL STATEMENTS
AUDITOR’S REPORT
To the Shareholders and Supervisory Board of TomTom NV
Report on the financial statements
We have audited the accompanying financial statements 2007 of TomTom NV, Amsterdam. The financial statements
consist of the consolidated financial statements and the company financial statements. The consolidated financial
statements comprise the consolidated balance sheet as at December 31, 2007, profit and loss account, statement of
changes in equity and cash flow statement for the year then ended, and a summary of significant accounting policies
and other explanatory notes. The company financial statements comprise the company balance sheet as at December
31, 2007, the company profit and loss account for the year then ended, and the notes.
Management’s responsibility
Management is responsible for the preparation and fair presentation of the financial statements, in accordance with
International Financial Reporting Standards as adopted by the European Union and with Part 9 of Book 2 of the
Netherlands Civil Code, as well as for the preparation of the report of the management board, in accordance with
Part 9 of Book 2 of the Netherlands Civil Code. This responsibility includes: designing, implementing and maintaining
internal control relevant to the preparation and fair presentation of the financial statements that are free from
material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and
making accounting estimates that are reasonable in the circumstances.
Auditor’s responsibility
Our responsibility is to express an opinion on the financial statements based on our audit. We conducted our audit
in accordance with Dutch law. This law requires that we comply with ethical requirements and plan and perform the
audit toobtain reasonable assurance whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of
material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments,
the auditor considersinternal control relevant to the entity’s preparation and fair presentation of the financial
statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
expressing an opinion on the effectiveness of the entity’s internal control. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of accounting estimates made by management,
as well as evaluating the overall presentation of the financial statements.
Webelievethat the audit evidencewe have obtained is sufficient and appropriate to provide a basis for our audit
opinion.
Opinion with respect to the consolidated financial statements
In our opinion, the consolidated financial statements give a true and fair view of the financial position of TomTom NV
as at December 31, 2007, and of its result and its cash flow for the year then ended in accordance with International
Financial Reporting Standards as adopted by the European Union and with Part 9 of Book 2 of the Netherlands
Civil Code.
Opinion with respect to the company financial statements
In our opinion, the company financial statements give a true and fair view of the financial position of TomTom NV as at
December 31, 2007, and of its result for the year then ended in accordance with Part 9 of Book 2 of the Netherlands
Civil Code.
Report on other legal and regulatory requirements
Pursuant to the legal requirement under 2:393 sub 5 part e of the Netherlands Civil Code, we report, to the extent of
our competence, that the Report of the Management Board is consistent with the financial statements as required by
2:391 sub 4 of the Netherlands Civil Code.
Deloitte Accountants BV
Amsterdam, 21 February 2008
A. Sandler