Making people successful in a changing world - Annual Report 2012

Report of the Statutory Auditors to the General Meeting of Adecco SA, ChéserexAs Statutory Auditors, we have audited the accounting records andthe Financial Statements, (Balance Sheet, Statements of Operationsand Notes, pages 26 to 29) of Adecco SA for the year endedDecember 31, 2001.These Financial Statements are the responsibility of the Board ofDirectors. Our responsibility is to express an opinion on theseFinancial Statements based on our audit. We confirm that we meetthe legal requirements concerning professional qualification andindependence.Our audit was conducted in accordance with auditing standardspromulgated by the profession in Switzerland which require that anaudit be planned and performed to obtain reasonable assuranceabout whether the Financial Statements are free from materialmisstatement. We have examined, on a test basis, evidencesupporting the amounts and disclosures in the Financial Statements.We have also assessed the accounting principles used, significantestimates made and the overall financial statement presentation. Webelieve that our audit provides a reasonable basis for our opinion.In our opinion, the accounting records and Financial Statements(and the proposed allocation of available earnings) comply withSwiss law and the company’s Articles of Incorporation.We recommend that the Financial Statements submitted to yoube approved.ARTHUR ANDERSEN SAMike SillsJane MoverleyLausanne, February 5, 200230