APC 2013 Annual Report Download - page 170

3CORPORATE GOVERNANCE
INTERNAL CONTROL AND RISK MANAGEMENT
Report of the statutory auditors on the internal control procedure 9.7
This is a free translation into English of a report issued in French
Information on the internal control and risk
management procedures relating to the preparation
and it is provided solely for the convenience of English speaking
and processing of accounting and financial
users. This report should be read in conjunction with and
information
construed in accordance with, French law and professional
standards applicable in France. The professional standards require that we perform the necessary
Statutory auditors' report, prepared in
procedures to assess the fairness of the information provided in
the Chairman's report in respect of the internal control and risk
management procedures relating to the preparation and
accordance with article L. 225-235 of the French
processing of the accounting and financial information. These
Commercial Code (Code de commerce), on the
procedures consist mainly in:
report prepared by the Chairman of the board of
obtaining an understanding of the internal control and risk
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directors of Schneider Electric S.A.
management procedures relating to the preparation and
processing of the accounting and financial information on which
To the Shareholders, the information presented in the Chairman's report is based and
In our capacity as statutory auditors of Schneider Electric S.A. and of the existing documentation;
in accordance with article L. 225-235 of the French Commercial obtaining an understanding of the work involved in the
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Code (Code de commerce), we hereby report on the report preparation of this information and of the existing
prepared by the Chairman of your company in accordance with documentation;
article L. 225-37 of the French Commercial Code (Code de
determining if any material weaknesses in the internal control
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commerce) for the year ended December 31, 2013.
procedures relating to the preparation and processing of the
It is the Chairman's responsibility to prepare and submit for the accounting and financial information that we would have noted
board of directors' approval a report on the internal control and risk in the course of our work are properly disclosed in the
management procedures implemented by the company and to Chairman's report.
provide the other information required by article L. 225-37 of the On the basis of our work, we have no matters to report on the
French Commercial Code (Code de commerce) relating to matters information relating to the company's internal control and risk
such as corporate governance. management procedures relating to the preparation and
Our role is to: processing of the accounting and financial information contained in
report on any matters as to the information contained in the
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the report prepared by the Chairman of the board of directors in
Chairman's report in respect of the internal control and risk accordance with article L. 225-37 of the French Commercial Code
management procedures relating to the preparation and (Code de commerce).
processing of the accounting and financial information,
Other information
confirm that the report also includes the other information
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required by article L. 225-37 of the French Commercial Code We confirm that the report prepared by the Chairman of the board
(Code de commerce). It should be noted that our role is not to of directors also contains the other information required by article
verify the fairness of this other information. L. 225-37 of the French Commercial Code (Code de commerce).
We conducted our work in accordance with professional standards
applicable in France.
Courbevoie and Paris-La Défense, March 19, 2014
The statutory auditors
French original signed by
MAZARS ERNST & YOUNG et Autres
David Chaudat Yvon Salaün
168 2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC