Financial Statements - Berjaya Corporation Berhad

Auditors’ Report
To the Shareholders of BERJAYA GROUP BERHAD
We have audited the financial statements set out on pages 76 to144. These financial statements are the responsibility of the Company’s
directors. 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 plan and
perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit
also includes assessing the accounting principles used and significant estimates made by the directors, as well as evaluating the
overall financial statements presentation. We believe that our audit provides a reasonable basis for our opinion.
In our opinion:
(a)
the financial statements have been prepared in accordance with the provisions of the Companies Act,1965 and applicable
approved accounting standards in Malaysia and give a true and fair view of:
(i)
(ii)
the state of affairs of the Group and of the Company as at 30 April, 2001 and of the results and cash flows of the Group and
of the Company for the year then ended; and
the matters required by Section 169 of the Companies Act, 1965 to be dealt with in the financial statements;
(b)
the accounting and other records and the registers required by the Act to be kept by the Company and its subsidiary companies
of which we have acted as auditors have been properly kept in accordance with the provisions of the Act.
We have considered the financial statements and the auditors’ reports of all the subsidiary companies of which we have not acted
as auditors, as indicated in Note 42 to the financial statements, being financial statements that have been included in the consolidated
financial statements.
We are satisfied that the financial statements of the subsidiary companies that have been consolidated with the Company’s financial
statements are in form and content appropriate and proper for the preparation of the consolidated financial statements and we
have received satisfactory information and explanations required by us for those purposes.
The auditors’ report on the financial statements of the subsidiary companies were not subject to any qualification or any adverse
comment made under subsection (3) of Section 174 of the Act other than as disclosed in Note 18 to the financial statements.
Arthur Andersen & Co.
No. AF 0103
Public Accountants
Wong Kang Hwee
No. 1116/01/02(J)
Partner of the Firm
28 September 2001
75 BERJAYA GROUP BERHAD