Independent Auditor's Report (continued) Report on other legal and regulatory requirements Description of responsibilities for the financial statements Responsibilities of the Executive Board and the Supervisory Board for the Financial Statements Our responsibilities for the audit of the financial statements Report of the Report of the Financial Sustainability Introduction Executive Board Supervisory Board Statements Review 1 C7 Heineken NV. IO/ Annual Report 2016 Other Information Engagement We were appointed by the Annual General Meeting as auditor of Heineken N.V. on 24 April 2014. The audit for year 2016 was our second year audit. The Executive Board is responsible for the preparation and fair presentation of the financial statements in accordance with EU-IFRS and Part 9 of Book 2 of the Dutch Civil Code, and for the preparation of the Report of the Executive Board in accordance with Part 9 of Book 2 of the Dutch Civil Code. Furthermore, the Executive Board is responsible for such internal control as the Executive Board determines is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error. As part of the preparation of the financial statements, the Executive Board is responsible for assessing the Company's ability to continue as a going concern. Based on the financial reporting frameworks mentioned, the Executive Board should prepare the financial statements using the going concern basis of accounting unless management either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so. The Executive Board should disclose events and circumstances that may cast significant doubt on the Company's ability to continue as a going concern in the financial statements. The Supervisory Board is responsible for overseeing the Company's financial reporting process. Our objective is to plan and perform the audit assignment in a manner that allows us to obtain sufficient and appropriate audit evidence for our opinion. Our audit has been performed with a high, but not absolute, level of assurance, which means we may not have detected all errors and fraud. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The materiality affects the nature, timing and extent of our audit procedures and the evaluation of the effect of identified misstatements on our opinion. For an overview of our responsibilities we refer to NBA's website (Standard texts auditor's report). Deloitte Accountants B.V. J. Dalhuisen Amsterdam, 14 February 2017

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2016 | | pagina 158