UNBOUNCE - EXAMPLE PAGE-REPORT-ENTERPRISE DOCUMENT-KINGSPAN - Flipbook - Page 124
INDEPENDENT AUDITOR’S REPORT
to the Members of Kingspan Group plc (continued)
Corporate Governance Statement
We report, in relation to information given
in the Corporate Governance Statement
included in the Director’s Report and
elsewhere in the Annual Report that:
g In our opinion, based on the work
undertaken during the course of the
audit, the information given in the
Corporate Governance Statement
pursuant to subsections 2(c) and (d)
of section 1373 of the Companies Act
2014 is consistent with the Company’s
statutory financial statements in
respect of the financial year concerned
and such information has been
prepared in accordance with the
Companies Act 2014. Based on our
knowledge and understanding of
the Company and its environment
obtained in the course of the audit,
we have not identified any material
misstatements in this information;
g In our opinion, based on the work
undertaken during the course of the
audit, the Corporate Governance
Statement contains the information
required by Regulation 6(2) of the
European Union (Disclosure of NonFinancial and Diversity Information by
certain large undertakings and groups)
Regulations 2017; and
g In our opinion, based on the work
undertaken during the course of
the audit, the information required
pursuant to section 1373(2)(a),(b),(e)
and (f) of the Companies Act
2014 is contained in the Corporate
Governance Statement.
Other information
The Directors are responsible for the
other information. The other information
comprises the information included in the
Annual Report other than the financial
statements and our auditor’s report
thereon. Our opinion on the financial
statements does not cover the other
information and, except to the extent
otherwise explicitly stated in our report,
we do not express any form of assurance
conclusion thereon.
120 - 121
In connection with our audit of the
financial statements, our responsibility
is to read the other information and, in
doing so, consider whether the other
information is materially inconsistent with
the financial statements or our knowledge
obtained in the audit or otherwise appears
to be materially misstated. If we identify
such material inconsistencies or apparent
material misstatements, we are required
to determine whether there is a material
misstatement in the financial statements
or a material misstatement of the other
information. If, based on the work we
have performed, we conclude that there
is a material misstatement of this other
information, we are required to report
that fact.
We have nothing to report in this regard.
In this context, we also have nothing to
report in regard to our responsibility to
specifically address the following items
in the other information and to report as
uncorrected material misstatements of the
other information where we conclude that
those items meet the following conditions:
g Fair, balanced and understandable
(set out on pages 110 and 111) – the
statement given by the directors that
they consider the Annual Report and
financial statements taken as a whole
is fair, balanced and understandable
and provides the information
necessary for shareholders to assess
the Group’s and the Company’s
performance, business model and
strategy, is materially inconsistent with
our knowledge obtained in the audit;
or
g Audit Committee reporting (set out
on pages 96 to 103 ) – the section
describing the work of the Audit
Committee does not appropriately
address matters communicated
by us to the Audit Committee or
is materially inconsistent with our
knowledge obtained in the audit; or
g Directors’ statement of compliance
with the UK Corporate Governance
Code (set out on page 107 ) – the parts
of the Directors’ statement required
under the Listing Rules relating to
the Company’s compliance with
the UK Corporate Governance Code
containing provisions specified for
review by the auditor in accordance
with the Listing Rules of Euronext
Dublin and the UK Listing Authority
do not properly disclose a departure
from a relevant provision of the UK
Corporate Governance Code.
Opinions on other
matters prescribed by the
Companies Act 2014
Based solely on the work undertaken in the
course of the audit, we report that:
g in our opinion, the information given
in the Directors’ Report, other than
those parts dealing with the nonfinancial statement pursuant to the
requirements of S.I. No. 360/2017 on
which we are not required to report in
the current year, is consistent with the
financial statements; and
g in our opinion, the Directors’ Report,
other than those parts dealing with
the non-financial statement pursuant
to the requirements of S.I. No.
360/2017 on which we are not required
to report in the current year, has
been prepared in accordance with the
Companies Act 2014.
We have obtained all the information and
explanations which we consider necessary
for the purposes of our audit.
In our opinion the accounting records of
the Company were sufficient to permit
the financial statements to be readily
and properly audited and the Company
Statement of Financial Position is in
agreement with the accounting records.
Matters on which we are
required to report by exception
Based on the knowledge and
understanding of the Group and the
Company and its environment obtained
in the course of the audit, we have not
identified material misstatements in the
Directors’ Report.
The Companies Act 2014 requires us
to report to you if, in our opinion, the
disclosures of directors’ remuneration and
transactions required by sections 305 to
312 of the Act are not made. We have
nothing to report in this regard.
We have nothing to report in respect
of section 13 of the European Union
(Disclosure of Non-Financial and Diversity
Information by certain large undertakings
and groups) Regulations 2017, which
require us to report to you if, in our opinion,
the Company has not provided in the
non-financial statement the information
required by Section 5(2) to (7) of those
Regulations, in respect of year ended 31
December 2020.
