Directors' responsibility statement

for the year ended June 30 2016

Annexure B – pro forma information

The directors are responsible for the preparation and presentation of the pro forma financial information which comprises the pro forma earnings and diluted earnings, headline and diluted headline earnings, net asset value and net tangible asset value per share of Bid Corporation Limited (Bidcorp or the group), pro forma statement of financial position of Bidcorp, the pro forma statement of comprehensive income of Bidcorp and the related notes, including a reconciliation showing all of the pro forma adjustments to the share capital, reserves and other equity items as at and for the year then ended June 30 2016.

The directors of Bidcorp are responsible for compiling the pro forma financial information on the basis of the applicable criteria as detailed in paragraphs 8.15 to 8.33 of the Listings Requirements and the SAICA Guide on Pro forma Financial Information, revised and issued in September 2014 (applicable criteria).

The directors are also responsible for such internal control as the directors determine is necessary to enable the preparation of the pro forma financial information that are free from material misstatement, whether due to fraud or error, and for maintaining adequate accounting records and an effective system of risk management.

The independent auditor is responsible for reporting on whether anything has come to their attention that causes them to believe that the pro forma financial information is not prepared in accordance with the applicable criteria.

Approval of the pro forma financial information

The pro forma financial information of Bid Corporation Limited for the year ended June 30 2016, as identified in the first paragraph, were approved by the directors on August 23 2016 and are signed by:

David Edward Cleasby
Chief financial officer
Authorised director