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Financial
Statements
& Others
110
Gamuda Berhad (29579-T)
Annual Report 2013
Independent Auditors’ Report
To the Members of Gamuda Berhad (Incorporated in Malaysia)
Report on the financial statements
We have audited the financial statements of Gamuda Berhad, which comprise the statements of financial position as at
31 July 2013 of the Group and of the Company, and the income statements, the statements of comprehensive income,
statements of changes in equity and statements of 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 112 to 253.
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 the Companies Act, 1965 in Malaysia.
The directors are also responsible for such internal control as the directors determine are 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 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 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 the 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 the financial position of the Group and of the Company
as at 31 July 2013 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.