BPKD.L Regulatory News (BPKD)

19 Sep 2007 07:00

Bank Pekao SA18 September 2007 INDEPENDENT AUDITORS' REVIEW REPORT ON THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS OF BANK PEKAO S.A. GROUP FOR THE PERIOD FROM 1 JANUARY 2007 TO 30 JUNE 2007 To the Shareholders of Bank Pekao S.A. Introduction We have reviewed the accompanying interim consolidated financial statements ofBank Pekao S.A. Group, with its registered office in Warsaw, Grzybowska 53/57that consist of the consolidated balance sheet as at 30 June 2007, with totalassets and total liabilities and equity of PLN 71,191,123 thousand, theconsolidated profit and loss account for the period from 1 January 2007 to 30June 2007 with a net profit of PLN 1,043,205 thousand, the consolidatedstatement of changes in equity for the period from 1 January 2007 to 30 June2007 with a decrease in equity of PLN 732,959 thousand, the consolidated cashflow statement for the period from 1 January 2007 to 30 June 2007 with anincrease in cash amounting to PLN 561,480 thousand, and explanatory notes. Management of the parent entity is responsible for the preparation and fairpresentation of these interim consolidated financial statements in accordancewith the International Accounting Standard 34 "Interim Financial Reporting" asadopted by the European Union and other applicable regulations. Ourresponsibility is to express a conclusion on these interim consolidatedfinancial statements, based on our review. Scope of review We conducted our review in accordance with Standard No. 4 of the professionalstandards General principles for the review of financial statements, issued bythe National Council of Certified Auditors and with the International Standardon Review Engagements 2410 Review of Interim Financial Information Performed bythe Independent Auditor of the Entity. A review consists of making inquiries,primarily of persons responsible for financial and accounting matters andapplying analytical and other review procedures. A review is substantially lessin scope than an audit and consequently does not enable us to obtain assurancethat we would become aware of all significant matters that might be identifiedin an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believethat the accompanying interim consolidated financial statements do not presentfairly in all material respects, the financial position of Bank Pekao S.A. Groupas at 30 June 2007, and its financial performance and its cash flows for theperiod from 1 January 2007 to 30 June 2007 in accordance with the InternationalAccounting Standard 34 "Interim Financial Reporting" as adopted by the EuropeanUnion. signed on the Polish original signed on the Polish original ................................... ...................................... Certified Auditor No. 796/1670 On behalf of KPMG Audyt Sp. z o.o.Bogdan Debicki, ul. Chlodna 51, 00-867 WarsawMember of the Management Board Certified Auditor No. 796/1670 Bogdan Debicki, Member of the Management Board signed on the Polish original ...................................... On behalf of KPMG Audyt Sp. z o.o. ul. Chlodna 51, 00-867 Warsaw Stacy Ligas, Partner Warsaw, 12 September 2007 This information is provided by RNS The company news service from the London Stock Exchange