Annual report 2008 - Altarea Cogedim

Statutory Auditors’ report on the Supervisory Board Chairman’s
report prepared in accordance with Articles L. 225-235
and L. 226-1 of the French Commercial Code
7. Statutory Auditors’ report
on the Supervisory Board Chairman’s report
(For the fiscal year ended 31 December 2008)
To the Shareholders,
In our capacity as ALTAREA SCA’s statutory auditors, and in accordance with Articles L. 225-235 and L. 226-1 of the French
Commercial Code, we hereby present you with our report on the Supervisory Board Chairman’s report submitted in accordance
with Articles L. 225-68 and L. 226-10-1 of the French Commercial Code for the fiscal year ended 31 December 2008.
It is the Chairman’s responsibility to prepare and submit to the Supervisory Board a report on the Company’s internal control
and risk management procedures and providing the other information required by Article L. 225-68 of the French Commercial
Code relating in particular to corporate governance.
It is our responsibility:
• to give you our observations on the information set out in the Supervisory Board Chairman’s report on internal control
procedures relating to the preparation and treatment of accounting and financial information;
• to certify that the report contains the other information required by Article L. 225-68 of the French Commercial Code, it
being specified that it is not our responsibility to verify the fair presentation of this other information.
We conducted our audit in accordance with the professional standards applicable in France.
Information concerning internal control procedures relating to the preparation and treatment of accounting and financial
information
Professional guidelines require us to perform procedures to assess the fair presentation of information concerning internal
control procedures relating to the preparation and treatment of accounting and financial information set out in the Chairman’s
report. These procedures notably consist of:
• obtaining an understanding of internal control procedures relating to the preparation and treatment of accounting and
financial information underlying the information provided in the Supervisory Board Chairman’s report, as well as existing
documentation;
• obtaining an understanding of the work performed to prepare this information and existing documentation;
• determining whether appropriate information is provided in the Supervisory Board Chairman’s report about the major
shortcomings in internal control relating to the preparation and treatment of accounting and financial information identified
within the framework of our audit.
On the basis of these procedures, we have no matters to report concerning the information in the Supervisory Board Chairman’s
report on the internal control procedures relating to the preparation and treatment of accounting and financial information,
submitted in accordance with Article L. 225-68 of the French Commercial Code.
Other information
We certify that the Supervisory Board Chairman’s report contains the other information required by Article L. 225-68 of the
French Commercial Code.
Paris and Paris La Défense, 30 April 2009
The Statutory Auditors
A.A.C.E. Ile-de-France
ERNST & YOUNG Audit
Michel Riguelle
Marie-Henriette Joud
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