Report on the Financial Statements
We have audited the financial statements of Sarawak Plantation Berhad., which comprise the statements of
financial position as at 31 December 2014 of the Group and of the Company and the statements of profit or
loss and other comprehensive income, changes in equity and cash flows of the Group and of the Company
for the year then ended, and a summary of significant accounting policies and other explanatory information,
as set out on pages 59 to 136.
Directors’ Responsibility for the Financial Statements
The Directors of the Company are responsible for the preparation of financial statements so as to give a
true and fair view in accordance with Financial Reporting Standards and the requirements of Companies Act,
1965 in Malaysia. The Directors are also responsible for such internal control as they determine is necessary
to enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
Auditors’ Responsibility
Our responsibility is to express an opinion on these financial 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 about
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 our judgement, including the assessment of risks
of material misstatement of the financial statements, whether due to fraud or error. In making those risk
assessments, we consider internal control relevant to the entity’s preparation of the financial 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 accounting policies used and the reasonableness of accounting
estimates made by the directors, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinion.
Opinion
In our opinion, the financial statements give a true and fair view of financial position of the Group and of
the Company as of 31 December 2014 and of their financial performance and cash flows for the year then
ended in accordance with Financial Reporting Standards and the requirements of the Companies Act,
1965 in Malaysia.
Independent Auditors’ Report to the
Members of Sarawak Plantation Berhad
SARAWAK PLANTATION BERHAD
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140
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Annual Report 2014
