RBS 2012 Annual Report Download - page 352

The directors are responsible for the preparation of the Annual Report
and Accounts.
The directors are required by Article 4 of the IAS Regulation (European
Commission Regulation No 1606/2002) to prepare Group accounts, and
as permitted by the Companies Act 2006 have elected to prepare
company accounts, for each financial year in accordance with
International Financial Reporting Standards as adopted by the European
Union. They are responsible for preparing accounts that present fairly the
financial position, financial performance and cash flows of the Group and
the company. In preparing those accounts, the directors are required to:
x select suitable accounting policies and then apply them consistently;
x make judgements and estimates that are reasonable and prudent;
and
x state whether applicable accounting standards have been followed,
subject to any material departures disclosed and explained in the
accounts.
The directors are responsible for keeping proper accounting records
which disclose with reasonable accuracy at any time the financial position
of the Group and to enable them to ensure that the Annual Report and
Accounts complies with the Companies Act 2006. They are also
responsible for safeguarding the assets of the Group and hence for
taking reasonable steps for the prevention and detection of fraud and
other irregularities.
By order of the Board
Aileen Taylor
Secretary
27 February 2013
We, the directors listed below, confirm that to the best of our knowledge:
x the financial statements, prepared in accordance with International
Financial Reporting Standards, give a true and fair view of the
assets, liabilities, financial position and profit or loss of the company
and the undertakings included in the consolidation taken as a whole;
and
x the Business review, which is incorporated into the Directors' report,
includes a fair review of the development and performance of the
business and the position of the company and the undertakings
included in the consolidation taken as a whole, together with a
description of the principal risks and uncertainties that they face.
By order of the Board
Philip Hampton Stephen Hester Bruce Van Saun
Chairman Group Chief Executive Group Finance Director
27 February 2013
Board of directors
Chairman Executive directors Non-executive directors
Philip Hampton Stephen Hester
Bruce Van Saun
Sandy Crombie
Alison Davis
Tony Di Iorio
Penny Hughes
Joe MacHale
Brendan Nelson
Baroness Noakes
Arthur ‘Art’ Ryan
Philip Scott
350
Statement of directors’ responsibilities