Savills plc 2012 Annual Report - (PDF) - Investor relations

Directors’ responsibilitiesThe Directors are responsible for preparing the Annual Report,the Directors’ Remuneration report and the financial statementsin accordance with applicable law and regulations.Company law requires the Directors to prepare financialstatements for each financial year. Under that law the Directorshave prepared the Group and parent company financialstatements in accordance with International Financial ReportingStandards (‘IFRSs’) as adopted by the European Union. Undercompany law the Directors must not approve the financialstatements unless they are satisfied that they give a true and fairview of the state of affairs of the Group and the Company and ofthe profit or loss of the Company and Group for that period. Inpreparing these financial statements, the Directors are required to:Directors’ responsibility statementThe Directors confirm that pursuant to DTR4, to the best of eachperson’s knowledge:−the Group financial statements, which have been prepared inaccordance with IFRSs as adopted by the European Union,give a true and fair view of the assets, liabilities, financialposition and profit of the Group; and− the Statutory Information contained on pages 43 and 44includes a fair review of the development and performanceof the business and the position of the Group, together witha description of the principal risks and uncertainties thatit faces.On behalf of the Board−−−select suitable accounting policies and then apply themconsistently;make judgements and accounting estimates that arereasonable and prudent;state whether applicable IFRSs as adopted by the EuropeanUnion have been followed, subject to any material departuresdisclosed and explained in the financial statements.Jeremy HelsbyGroup Chief ExecutiveChris LeeGroup Legal Director & Company Secretary13 March 2013The Directors are responsible for keeping adequate accountingrecords that are sufficient to show and explain the Company’stransactions and disclose with reasonable accuracy at any timethe financial position of the Company and the Group and enablethem to ensure that the financial statements and the Directors’Remuneration report comply with the Companies Act 2006 and,as regards the Group financial statements, Article 4 of the IASRegulation. They are also responsible for safeguarding the assetsof the Company and the Group and hence for taking reasonablesteps for the prevention and detection of fraud and otherirregularities.The Directors are responsible for the maintenance and integrityof the Company’s website. Legislation in the United Kingdomgoverning the preparation and dissemination of financialstatements may differ from legislation in other jurisdictions.58 Savills plc Report and Accounts 2012