Annual Report & Accounts 2009 - Anglo Irish Bank

Statement of Directors' responsibilities
The following statement, which should be read in conjunction
with the Auditors’ report on pages 34 and 35, is made with a
view to distinguishing for the Shareholder the respective
responsibilities of the Directors and of the Auditors in relation
to the financial statements.
Irish company law requires the Directors to prepare financial
statements for each financial period which give a true and fair
view of the state of affairs of the Bank and of the Group as at
the end of the financial period and of the profit or loss of the
Group for that period. With regard to the financial statements
on pages 36 to 174, the Directors have determined that it is
appropriate that they continue to be prepared on a going
concern basis and consider that in their preparation:
� suitable accounting policies have been selected and
applied consistently;
� judgements and estimates that are reasonable and
prudent have been made; and
� the financial statements comply with applicable
International Financial Reporting Standards (‘IFRS’).
The Directors are responsible for keeping proper books of
account which disclose with reasonable accuracy at any time
the financial position of the Bank and which enable them to
ensure that the financial statements are prepared in
accordance with IFRS, as adopted by the European Union, and
comply with the Companies Acts, 1963 to 2009 and Article 4
of the IAS Regulation. They also have general responsibility for
taking such steps as are reasonably open to them to safeguard
the assets of the Bank and of the Group, and to prevent and
detect fraud and other irregularities.
The Transparency (Directive 2004/109/EC) Regulations 2007
and the Transparency Rules of the Irish Financial Regulator
require the Directors to include a fair review of the business as
well as a description of the principal risks and uncertainties
faced by the Bank and the Group.
The Directors are responsible for the maintenance and integrity
of the corporate and financial information included on the
Bank's website. Legislation in the Republic of Ireland governing
the preparation and dissemination of financial statements may
differ from legislation in other jurisdictions.
The Directors confirm that, to the best of their knowledge,
they have complied with these requirements in preparing the
financial statements, including preparation of these financial
statements in accordance with IFRS, as adopted by the
European Union, to give a true and fair view of the state of
affairs of the Bank and of the Group as at 31 December 2009
and of the loss of the Group for the period then ended. They
also confirm that the management reports contained in the
Annual Report and Accounts include a fair review of the
development and performance of the business and the
position of the Bank and the Group, together with a
description of the principal risks and uncertainties that they
face.
Directors:
Donal O’Connor (Chairman),
A.M.R. (Mike) Aynsley (Group Chief Executive),
Alan Dukes (Non-executive Director),
Maurice Keane (Non-executive Director).
Secretary:
Natasha Mercer.
Anglo Irish Bank
Annual Report & Accounts 2009
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