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A reasonable assurance engagement to report on whether the pro forma financial information has been properly compiled, in all material respects,
on the basis of the applicable criteria involves performing procedures to assess whether the applicable criteria used by the directors of Bidcorp in the
compilation of the pro forma financial information provide a reasonable basis for presenting the significant effects directly attributable to the internal
restructuring and the listing and to obtain sufficient appropriate evidence about whether:
■
■
The related pro forma adjustments give appropriate effect to the applicable criteria; and
■
■
The pro forma financial information reflects the proper application of those pro forma adjustments to the unadjusted financial information.
The procedures selected depend on the reporting accountant’s judgement, having regard to the reporting accountant’s understanding of the nature
of the company, the internal restructuring and listing in respect of which the pro forma financial information has been compiled and other relevant
engagement circumstances.
The engagement also involves evaluating the overall presentation of the pro forma financial information.
We believe that the evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Opinion
In our opinion, the pro forma financial information has been compiled, in all material respects, on the basis of the applicable criteria.
Yours faithfully
KPMG Inc.
Per
Mohammed Hassan
Chartered Accountant (SA)
Director
KPMG Crescent
85 Empire Road
Parktown
2193
Private Bag 9
Parkview
2122
149
Annual integrated report 2017
Bid Corporation Limited