6 - Vicat

Financial information concerning the asset base,the financial condition and the results of the issuer20.3.4. Statutory auditors’ report on the financial statements2020.3.4. Statutory auditors’ report on the financial statementsYear ended December 31, 2009To the Shareholders,In compliance with the assignment entrusted to usby the shareholders in general meeting, we herebypresent our report to you, for the year ended 31December 2009, on :• the audit of the accompanying financial statementsof Vicat S.A. ;• the justification of our assessments ;• the specific verifications and information requiredby law.The financial statements have been approved by theBoard of directors. Our role is to express an opinionon these financial statements based on our audit.1. Opinion on the financial statementsWe conducted our audit in accordance with professionalstandards applicable in France. Those standardsrequire that we plan and perform the audit toobtain reasonable assurance about whether thefinancial statements are free of material misstatement.An audit includes examining, on a test basis,evidence supporting the amounts and disclosuresin the financial statements. An audit also includesassessing the appropriateness of the accountingprinciples used and the reasonableness of significantaccounting estimates made by the management, aswell as evaluating the overall financial statementspresentation. We believe that the audit evidence wehave obtained is sufficient and provides a reasonablebasis for our opinion.In our opinion, the financial statements give a trueand fair view of the Company’s financial positionand its assets and liabilities as of 31 December 2009,and of the results of its operations for the year thenended in accordance with French accounting rulesand principles.2. Justification of our assessmentsIn accordance with the requirements of articleL.823-9 of the French Commercial Code relating tothe justification of our assessments, we bring to yourattention the following matters :Paris La Défense, March 5, 2010KPMG AuditA division of KPMG SAJean-Marc DeclétyPartnerSignificant accounting rules and methods used in thepreparation of the financial statements are disclosedin note 1.As part of our assessment of the accounting rulesand principles applied by your company, we have assessedthe appropriateness of the above-mentionedaccounting methods and related disclosures.These assessments were made in the context of ouraudit of the financial statements, taken as a whole,and therefore contributed to the formation of theopinion expressed in the first part of this report.3. Specific verifications and informationWe have also performed, in accordance with professionalstandards applicable in France, the specificverifications required by law.We have no matters to report regarding the fair presentationand the conformity with the financial statementsof the information given in the managementreport of the Board of directors, and in the documentsaddressed to the shareholders with respect tothe financial position and the financial statements.We have verified the consistency of the informationprovided in accordance with article L. 225-102-1 ofthe French Commercial Code with respect to remunerationand benefits paid to company officers, andto any commitments given to them, with the financialstatements or with the underlying information usedin their preparation, and, as applicable, with informationobtained by your Company from companieswhich either control it or are controlled by it. On thebasis of our work, we certify that the informationprovided is accurate and fairly presented.As required by law, we have ascertained that thenecessary information relating to the acquisition ofshareholdings and controlling interests, and the identityof shareholders, was given in the managementreport of the Board of directors.Chamalières, March 5, 2010Wolff & Associés S.A.S.Grégory WolffPartner2009 registration document - VICAT 183