Page 98 - Annual Report 2013
P. 98
Financial Statements
Independent Auditor’s Report
To the Shareholders of “ATHENS INTERNATIONAL AIRPORT S.A.”
Report on the Financial Statements
We have audited the accompanying financial statements of “ATHENS INTERNATIONAL AIRPORT S.A.”
which comprise the statement of financial position as of 31 December 2013, the income statement and
statement of comprehensive income, statement of changes in equity and cash flow statement for the year
then ended and a summary of significant accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with International Financial Reporting Standards, as adopted by the European Union, and
for such internal control as management determines is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted
our audit in accordance with International Standards on Auditing. Those standards require that we comply
with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures
in the financial statements. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. An audit also includes evaluating the appropriateness of accounting policies used and
the reasonableness of accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinion.
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of
“ATHENS INTERNATIONAL AIRPORT S.A.” as at December 31, 2013 and its financial performance and
cash flows for the year then ended in accordance with International Financial Reporting Standards, as
adopted by the European Union.
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Independent Auditor’s Report
To the Shareholders of “ATHENS INTERNATIONAL AIRPORT S.A.”
Report on the Financial Statements
We have audited the accompanying financial statements of “ATHENS INTERNATIONAL AIRPORT S.A.”
which comprise the statement of financial position as of 31 December 2013, the income statement and
statement of comprehensive income, statement of changes in equity and cash flow statement for the year
then ended and a summary of significant accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with International Financial Reporting Standards, as adopted by the European Union, and
for such internal control as management determines is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
Auditor’s Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted
our audit in accordance with International Standards on Auditing. Those standards require that we comply
with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures
in the financial statements. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate
in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. An audit also includes evaluating the appropriateness of accounting policies used and
the reasonableness of accounting estimates made by management, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
audit opinion.
Opinion
In our opinion, the financial statements present fairly, in all material respects, the financial position of
“ATHENS INTERNATIONAL AIRPORT S.A.” as at December 31, 2013 and its financial performance and
cash flows for the year then ended in accordance with International Financial Reporting Standards, as
adopted by the European Union.
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