ANNUAL REPORT ‘12
AUDIT REPORTS AND OPINIONS
260
INTRODUCTION
1_ We have examined the consolidated financial
statements of ANA – Aeroportos de Portugal, S.A.,
which comprise the Consolidated Statement of Finan-
cial Position as of December 31, 2012 (presenting a
total assets of 2,448,704 thousand euros and a total
shareholder's equity of 407,248 thousand euros,
including net results amounting to 53,024 thousand
euros and non-controlling interest of 4,191 thousand
euros), the Consolidated Income Statement, the
Consolidated Statement of Changes in Equity, the
Consolidated Statement of Comprehensive Income and
the Consolidated Statement of Cash Flows for the year
then ended and the corresponding notes.
RESPONSIBILITIES
2_ The Company’s Board of Directors is responsible
for the preparation of consolidated financial statements
which give a true and fair view of the financial position
of the companies included in the consolidation, the
consolidated results and comprehensive income of their
operations, changes in equity and consolidated cash
flows as well as to adopt adequate accounting criteria
and policies and to maintain a proper internal control
system.
3_ Our responsibility is to express a professional and
independent opinion based on our examination of the
above mentioned financial statements.
SCOPE
4_ Our examination was performed in accordance
with the Technical Auditing Standards and Guidelines
approved by the Portuguese Institute of Statutory
Auditors, which require that the examination be
planned and performed with the objective of obtaining
reasonable assurance about whether the consolidated
financial statements are free of material misstatement.
Therefore, the examination included:
-
verification if the financial statements of the con-
solidated companies were properly examined, and
for the significant cases that have not been, the
verification, on a sample basis, of the support of
the amounts shown in the financial statements
and the evaluation of the estimates, based on
judgments and criteria defined by the Board of
Directors, used in their preparation;
- verification of the consolidation procedures;
- assessing the adequacy of the accounting pol-
icies adopted and their disclosure, taking into
consideration the circumstances;
- verifying of the applicability of the going concern
concept;
- assessing the adequacy of the overall presenta-
tion of consolidated financial statements.
5_ Our examination also comprised verifying that
the financial information included in the Consolidated
Management Report is in accordance with the financial
statements.
6_ We believe that our examination provides a
reasonable basis for expressing our opinion.
STATUTORY AUDITOR’S REPORT
ON THE CONSOLIDATED FINANCIAL STATEMENTS*
*
Free translation from the original in Portuguese
