Annual report 2010 - Imperial Tobacco Group

Independent Auditors’ Reportto the Members of Imperial Tobacco Group PLCStrategy Performance Governance FinancialsWe have audited the parent company financial statementsof Imperial Tobacco Group PLC for the year ended30 September 2010 which comprise the Balance Sheet andthe related notes. The financial reporting framework that hasbeen applied in their preparation is applicable law and UnitedKingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice).Respective Responsibilities of Directors and AuditorsAs explained more fully in the Statement of Directors’Responsibilities, the Directors are responsible for thepreparation of the parent company financial statementsand for being satisfied that they give a true and fair view.Our responsibility is to audit the parent company financialstatements in accordance with applicable law andInternational Standards on Auditing (UK and Ireland).Those standards require us to comply with the AuditingPractices Board’s Ethical Standards for Auditors.This report, including the opinions, has been preparedfor and only for the Company’s members as a body inaccordance with Chapter 3 of Part 16 of the CompaniesAct 2006 and for no other purpose. We do not, in givingthese opinions, accept or assume responsibility for anyother purpose or to any other person to whom this reportis shown or into whose hands it may come save whereexpressly agreed by our prior consent in writing.Scope of the Audit of the Financial StatementsAn audit involves obtaining evidence about the amountsand disclosures in the financial statements sufficient to givereasonable assurance that the financial statements arefree from material misstatement, whether caused by fraudor error. This includes an assessment of: whether theaccounting policies are appropriate to the parent company’scircumstances and have been consistently applied andadequately disclosed; the reasonableness of significantaccounting estimates made by the Directors; and theoverall presentation of the financial statements.Opinion on Financial StatementsIn our opinion the parent company financial statements:Opinion on Other Matters Prescribed by theCompanies Act 2006In our opinion:––the part of the Directors’ Remuneration Report to beaudited has been properly prepared in accordance withthe Companies Act 2006; and––the information given in the Directors’ Report for thefinancial year for which the parent company financialstatements are prepared is consistent with the parentcompany financial statements.In our opinion the information given in the CorporateGovernance Report set out with respect to internal controland risk management systems and about share capitalstructures is consistent with the financial statements.Matters on Which We Are Required to Reportby ExceptionWe have nothing to report in respect of the following matterswhere the Companies Act 2006 requires us to report to youif, in our opinion:––adequate accounting records have not been kept by theparent company, or returns adequate for our audit havenot been received from branches not visited by us; or––the parent company financial statements and the part ofthe Directors’ Remuneration Report to be audited are notin agreement with the accounting records and returns; or––certain disclosures of directors’ remuneration specifiedby law are not made; or––we have not received all the information and explanationswe require for our audit.Other MatterWe have reported separately on the Group financialstatements of Imperial Tobacco Group PLC for the yearended 30 September 2010.––give a true and fair view of the state of the Company’saffairs as at 30 September 2010;––have been properly prepared in accordance with UnitedKingdom Generally Accepted Accounting Practice; and––have been prepared in accordance with the requirementsof the Companies Act 2006.David Charles (Senior Statutory Auditor)for and on behalf of PricewaterhouseCoopers LLPChartered Accountants and Statutory AuditorsBristol2 November 2010152