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BRADKEN LIMITED ANNUAL REPORT 2013 27
PricewaterhouseCoopers, ABN 52 780 433 757
PricewaterhouseCoopers Centre, 26 Honeysuckle Drive, PO Box 798, NEWCASTLE NSW 2300
T: +61 2 4925 1100, F: +61 2 4925 1199,
www.pwc.com.au
Liability limited by a scheme approved under Professional Standards Legislation.
Page 27
Auditor’s Independence Declaration
As lead auditor for the audit of Bradken Limited for the year ended 30 June 2013, I declare that to the
best of my knowledge and belief, there have been:
a)
no contraventions of the auditor independence requirements of the Corporations Act 2001 in
relation to the audit; and
b)
no contraventions of any applicable code of professional conduct in relation to the audit.
This declaration is in respect of Bradken Limited and the entities it controlled during the period.
John Campion
Newcastle
Partner
12 August 2013
PricewaterhouseCoopers
Auditors’ Declaration
30 June 2013
PricewaterhouseCoopers, ABN 52 780 433 757
PricewaterhouseCoopers Centre, 26 Honeysuckle Drive, PO Box 798, NEWCASTLE NSW 2300
T: +61 2 4925 1100, F: +61 2 4925 1199, www.pwc.com.au
Liability limited by a scheme approved under Professional Standards Legislation.
Independent auditor’s report to the members of Bradken
Limited
Report on the financial report
We have audite the accompanying financial report of Bradken Limited (the company), w ich
comprises the balance sheet as at 30 June 2013, the income statement and statement of
comprehensive income, statement of changes in equity and statement of cash flows for the year ended
on that date, a summary of sig ificant accounting policies, other explanatory notes and the directors’
declaration for Bradken Limited (the consolidated entity). The consolidated entity comprises the
company and the entities it controlled at year’s end or from time to time during the financial year.
Directors’ responsibility for the financial report
The directors of the company are responsible for the preparation of the financial report that gives a
true and fair view in accordance with Australian Accounting Standards and the
Corporations Act 2001
and for such internal control as the directors determine is necessary to enable the preparation of the
financial report that is free from material misstatement, whether due to fraud or error. In Note 1(a),
the directors also state, in accordance with Accounting Standard AASB 101
Presentation of Financial
Statements
, that the financial statements comply with
International Financial Reporting Standards
.
Auditor’s responsibility
Our responsibility is to express an opinion on the financial report based on our audit. We conducted
our audit in accordance with Australian Auditing Standards. Those standards require that we comply
with relevant ethical requirements relating to audit engagements and plan and perform the audit to
obtain reasonable assurance whether the financial report is free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures
in the financial report. The procedures selected depend on the auditor’s judgement, including the
assessment of the risks of material misstatement of the financial report, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the consolidated
entity’s preparation and fair presentation of the financial report in order to design audit procedures
that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entity’s internal control. An audit also includes evaluating the appropriateness of
accounting policies used and the reasonableness of accounting estimates made by the directors, as well
as evaluating the overall presentation of the financial report.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
Independence
In conducting our audit, we have complied with the independence requirements of the
Corporations
Act 2001
.