BAHRAIN'S PEARL OF GREAT PRIDE - Batelco Group

64 Batelco - Annual Report 2010INDEPENDENT AUDITORS’ REPORTIndependent auditors’ report to the shareholdersBahrain Telecommunications Company BSCManama, Kingdom of Bahrain26 January 2011statementsWe have audited the accompanyingBahrain Telecommunications Companyand the consolidated statements ofcomprehensive income, changes in equityand notes, comprising a summary offair presentation of these consolidatedStandards, and for such internal controlare free from material misstatement,An audit involves performing proceduresamounts and disclosures in theprocedures selected depend on ourjudgment, including the assessment ofthe risks of material misstatement ofinternal control relevant to the entity’spreparation and fair presentation of theorder to design audit procedures thatare appropriate in the circumstances,an opinion on the effectiveness of theincludes evaluating the appropriatenessof accounting policies used and theevaluating the overall presentation ofOpinionstatements present fairly, in all materialperformance and its consolidatedReport on other regulatoryrequirementsCompany has maintained properaccounting records and the consolidatedcontained in the chairman’s reportany violations of the Bahrain CommercialCompany’s memorandum and articlesof association having occurred duringthe year that might have had a materialand satisfactory explanations and