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annual report 2011
Independent
Auditors’ Report
For the financial year ended 31 December 2011
Opinion
In our opinion, the consolidated fnancial statements of the Group and the balance sheet and statement of changes in equity of the Company
are properly drawn up in accordance with the provisions of the Act and Singapore Financial Reporting Standards so as to give a true and fair
view of the state of affairs of the Group and of the Company as at 31 December 2011 and of the results, changes in equity and cash fows of
the Group and the changes in equity of the Company for the year ended on that date.
Report on other legal and regulatory requirements
In our opinion, the accounting and other records required by the Act to be kept by the Company and by those subsidiaries incorporated in
Singapore of which we are the auditors have been properly kept in accordance with the provisions of the Act.
Ernst & Young LLP
Public Accountants and
Certifed Public Accountants
Singapore
15 March 2012
To theMembers of Kingsmen Creatives Ltd