Vodafone 2010 Annual Report Download - page 75

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Financials
Vodafone Group Plc Annual Report 2010 73
Opinion on other matters prescribed by the Companies
Act 2006
In our opinion the information given in the directors’ report for the financial
year for which the financial statements are prepared is consistent with the
group financial statements.
Matters on which we are required to report by exception
We have nothing to report in respect of the following:
Under the Companies Act 2006 we are required to report to you if, in our opinion:
certain disclosures of directors’ remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.
Under the listing rules we are required to review:
the directors’ statement contained within the directors’ report in relation to going
concern; and
the part of the Corporate Governance Statement relating to the Company’s
compliance with the nine provisions of the June 2008 Combined Code specified
for our review.
Other matter
We have reported separately on the parent company financial statements of
Vodafone Group Plc for the year ended 31 March 2010 and on the information in the
Directors’ Remuneration Report that is described as having been audited.
Panos Kakoullis (Senior Statutory Auditor)
for and on behalf of Deloitte LLP
Chartered Accountants and Statutory Auditors
London
United Kingdom
18 May 2010
Independent auditor’s report to the members of
Vodafone Group Plc
We have audited the consolidated financial statements of Vodafone Group Plc for the
year ended 31 March 2010 which comprise the consolidated income statement, the
consolidated statement of financial position, the consolidated statement of cash
flows, the consolidated statement of comprehensive income, the consolidated
statement of changes in equity, and the related notes 1 to 32. The financial reporting
framework that has been applied in their preparation is applicable law and
International Financial Reporting Standards (IFRSs) as adopted by the European Union.
This report is made solely to the Company’s members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken
so that we might state to the Company’s members those matters we are required to
state to them in an auditor’s report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than
the Company and the Company’s members as a body, for our audit work, for this
report, or for the opinions we have formed.
Respective responsibilities of directors and auditors
As explained more fully in the directors’ statement of responsibilities, the directors
are responsible for the preparation of the financial statements and for being satisfied
that they give a true and fair view. Our responsibility is to audit the consolidated
financial statements in accordance with applicable law and International Standards
on Auditing (UK and Ireland). Those standards require us to comply with the Auditing
Practices Board’s (APB’s) Ethical Standards for Auditors.
Scope of the audit of the nancial statements
An audit involves obtaining evidence about the amounts and disclosures in the financial
statements sufficient to give reasonable assurance that the financial statements are
free from material misstatement, whether caused by fraud or error. This includes an
assessment of: whether the accounting policies are appropriate to the Group’s
circumstances and have been consistently applied and adequately disclosed; the
reasonableness of significant accounting estimates made by the directors; and the
overall presentation of the financial statements.
Opinion on nancial statements
In our opinion the consolidated financial statements:
give a true and fair view of the state of the Group’s affairs as at 31 March 2010 and
of its profit for the year then ended;
have been properly prepared in accordance with IFRSs as adopted by the European
Union; and
have been prepared in accordance with the requirements of the Companies Act
2006 and Article 4 of the IAS Regulation.
Separate opinion in relation to IFRSs as issued by the IASB
As explained in note 1 to the consolidated financial statements, the Group in addition
to complying with its legal obligation to apply IFRSs as adopted by the European
Union, has also applied IFRSs as issued by the International Accounting Standards
Board (IASB).
In our opinion the consolidated financial statements comply with IFRSs as issued by
the IASB.
Audit report on the consolidated nancial statements