Page 133 - KPJ_2011

Report on the financial statements
We have audited the mnancial statements of KPJ Healthcare Berhad, which comprise the statements of mnancial position
as at 31 December 2011 of the Group and of the Company, and the statements of comprehensive income, statements of
changes in equity and statements of cash nows of the Group and of the Company for the year then ended, and a summary
of signimcant accounting policies and other explanatory notes, as set out on pages 130 to 185.
Directors’ responsibility for the financial statements
The directors of the Company are responsible for the preparation of mnancial statements that give a true and fair view in
accordance with Financial Reporting Standards and the Companies Act, 1965 in Malaysia, and for such internal controls
as the directors determine are necessary to enable the preparation of mnancial statements that are free from material
misstatement, whether due to fraud or error.
Auditors’ responsibility
Our responsibility is to express an opinion on these mnancial statements based on our audit. We conducted our audit
in accordance with approved standards on auditing in Malaysia. Those standards require that we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance whether the mnancial statements are free
from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the mnancial
statements. The procedures selected depend on our judgement, including the assessment of risks of material misstatement
of the mnancial statements, whether due to fraud or error. In making those risk assessments, we consider internal control
relevant to the entity’s preparation of mnancial statements that give a true and fair view 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 the accounting policies used and the
reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the
mnancial statements.
We believe that the audit evidence we have obtained is sufmcient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the mnancial statements have been properly drawn up in accordance with Financial Reporting Standards
and the Companies Act, 1965 in Malaysia so as to give a true and fair view of the mnancial position of the Group and of the
Company as at 31 December 2011 and of their mnancial performance and cash nows for the year then ended.
Report on other legal and regulatory requirements
In accordance with the requirements of the Companies Act, 1965 in Malaysia, we also report the following:
(a) In our opinion, the accounting and other records and the registers required by the Act to be kept by the Company and its
subsidiaries of which we have acted as auditors have been properly kept in accordance with the provisions of the Act.
(b) We have considered the mnancial statements and the auditors’ reports of all the subsidiaries which we have not
acted as auditors, which is indicated in Noteø16 (a) to the mnancial statements, being mnancial statements that have
been included in the consolidated mnancial statements.
(c) We are satismed that the mnancial statements of the subsidiaries that have been consolidated with the mnancial
statements of the Company are in form and content appropriate and proper for the purposes of the preparation of the
consolidated mnancial statements and we have received satisfactory information and explanations required by us for
those purposes.
(d) The auditors’ reports on the mnancial statements of the subsidiaries were not subject to any qualimcation and did not
include any comment required to be made under Section 174(3) of the Act.
Independent Auditors’ Report to the members of
KPJ Healthcare Berhad
(Incorporated In Malaysia)
(Company No. 247079 M)
ANNUAL REPORT 2011 128