62
ASIAMEDIAGROUPBERHAD
(813137-V)
Independent
Auditors’ Report
to themembers of AsiaMediaGroupBerhad
(Incorporated inMalaysia)
REPORTONTHEFINANCIALSTATEMENTS
Wehaveaudited thefinancial statementsofAsiaMediaGroupBerhad,whichcomprise thestatements
of financial position as at 31st December 2013 of theGroup and of theCompany, and the statements
of profit or loss and other comprehensive income, statements of changes in equity and statements of
cash flows of theGroup and of the Company for the year then ended, and a summary of significant
accounting policies and other explanatory information, as set out onpages 64 to 106.
Directors’Responsibility for theFinancial Statements
Thedirectorsof theCompanyare responsible for thepreparationof financial statementssoas togivea
trueand fair view inaccordancewithMalaysianFinancial ReportingStandards, International Financial
ReportingStandardsand the requirementsof theCompaniesAct, 1965 inMalaysia. Thedirectorsare
also responsible forsuch internal controlas thedirectorsdetermine isnecessary toenable thepreparation
of financial statements that are free frommaterial misstatement, whether due to fraud or error.
Auditors’Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conductedour audit inaccordancewithapproved standardsonauditing inMalaysia. Those standards
require that we complywith ethical requirements and plan and perform theaudit to obtain reasonable
assuranceabout whether the financial statements are free frommaterial misstatement.
Anaudit involvesperformingprocedures toobtainaudit evidenceabout theamountsanddisclosures in
thefinancial statements.Theproceduresselecteddependonour judgement, including theassessment
of risks of material misstatement of the financial statements, whether due to fraud or error. Inmaking
those risk assessments, we consider internal control relevant to the entity’s preparation of financial
statements that give a true and fair view in order to design audit procedures that are appropriate in
thecircumstances, but not for thepurposeof expressinganopinionon theeffectivenessof theentity’s
internal control.Anaudit also includesevaluating theappropriatenessof accountingpoliciesusedand
the reasonableness of accounting estimatesmade by the directors, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidencewe have obtained is sufficient and appropriate to provide a basis
for our audit opinion.
Opinion
In our opinion, the financial statements give a true and fair view of the financial position of theGroup
andof theCompanyasat31stDecember2013andof theirfinancial performanceandcashflows for the
year then ended in accordancewithMalaysianFinancial ReportingStandards, International Financial
ReportingStandards and the requirements of theCompaniesAct, 1965 inMalaysia.
