registration document France Telecom 2009 - Orange.com

14 REPORT
administrative and management bodies and senior management
OF THE STATUTORY AUDITORS
14.4 REPORT OF THE STATUTORY AUDITORS
Report drawn up pursuant to the provisions of Article L. 225-235 of the French
Commercial Code on the Report of the Chairman of the Board of Directors
of France Telecom
Year ended December 31, 2009
Dear Shareholders,
In our capacity as France Telecom’s Statutory Auditors and
pursuant to the provisions of Article L. 225-235 of the French
Commercial Code, we hereby present you with our report on
the report drawn up by the company’s Chairman pursuant to
the provisions of Article L. 225-37 of the French Commercial
Code in respect of the year ended December 31, 2009.
It is the responsibility of the Chairman to draw up and submit for
the approval of the Board of Directors a report on the internal
control and risk management procedures established within the
company and setting out the information required under Article
L. 225-37 of the French Commercial Code notably in respect of
corporate governance structures.
Our responsibility is:
■ to provide you with our observations on the information in
the Chairman’s report with regard to the internal control and
risk management procedures relating to the preparation and
processing of the accounting and fi nancial information; and
■ to certify that the report contains the information required
under Article L. 225 37 of the French Commercial Code, it
being noted that we are not tasked with checking the fairness
of this other information.
■ We carried out our work in accordance with the professional
standards applicable in France.
Information on the internal control and risk
management procedures relating
to the preparation and processing
of accounting and financial information
The professional standards require us to take the necessary
steps to assess the fairness of the information in the Chairman’s
report on the internal control and risk management procedures
relating to the preparation and processing of accounting and
fi nancial information. These steps primarily consist of:
■ gaining an understanding of the internal control and risk
management procedures relating to the preparation and
processing of the accounting and fi nancial information on
which the information presented in the Chairman’s report and
existing documentation are based;
■ gaining an understanding of the work involved in preparing
this information and existing documentation;
■ gaining an understanding of the evaluation process established
and assessing the quality and suffi ciency of its documentation
as regards the information relating to the evaluation of internal
control and risk management procedures;
■ determining whether the major internal control weaknesses
relating to the preparation and processing of accounting
and fi nancial information that we may have revealed in the
course of our assignment are properly disclosed in the
Chairman’s report.
On the basis of this work, we have no observations to make
regarding the information on the Company’s internal control
and risk management procedures relating to the preparation
and processing of accounting and fi nancial information in the
report prepared by the Chairman of the Board of Directors
in accordance with the provisions of Article L. 225-37 of the
French Commercial Code.
Further information
We certify that the report of the Chairman of the Board of
Directors contains the information required under Article
L. 225-37 of the French Commercial Code.
Neuilly-sur-Seine and Paris-La Défense,
March 25, 2010
The Statutory Auditors
DELOITTE & ASSOCIES
Frédéric Moulin
ERNST & YOUNG Audit
Vincent de La Bachelerie
310
2009 REGISTRATION DOCUMENT / FRANCE TELECOM