Page 109 - InterEnergo - Annual Report 2020

Interenergo Accounting report Interenergo Accounting report

Auditors' Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable effectiveness of the Company's internal Report on Other Legal and Regulatory Requirements
assurance about whether the financial control;
statements as a whole are free from material - Evaluate the appropriateness of
misstatement, whether due to fraud or error, accounting policies used and the The Company disclosed the financial compliance with provisions of the Services of
and to issue an auditors’ report that includes reasonableness of accounting estimates statements by activity with notes in the section General Economic Interest Act (ZGJS).
our opinion. Reasonable assurance is a high and related disclosures made by Company's financial statements by type of
level of assurance, but is not a guarantee that management; activity in accordance with the Services of Our responsibility is to examine the adequacy
an audit conducted in accordance with ISAs - Conclude on the appropriateness of General Economic Interest Act, which include of criteria and accuracy of their use as required
will always detect a material misstatement management’s use of the going concern the statement of financial position by activity as under the provisions of ZPFOLERD-1 and
when it exists. Misstatements can arise from basis of accounting and, based on the at 31 December 2020, the statement of profit whether the Company observed the provisions
fraud or error and are considered material if, audit evidence obtained, whether or loss by activity, and the statement of cash of the ZGJS in view of disclosures in the
individually or in the aggregate, they could a material uncertainty exists related to flows by activity for the year then ended. financial statements by activity.
reasonably be expected to influence the events or conditions that may cast Based on procedures carried out during the
economic decisions of users taken on the significant doubt on the Company’s ability Company's management is responsible for audit of financial statements, we herewith
basis of these financial statements. to continue as a going concern. If we keeping separate accounting records by report that the Company disclosed the financial
As part of an audit in accordance with ISAs, we conclude that a material uncertainty exists, activity and applying criteria defined in the statements by activity and that it appropriately
Transparency of Financial Relations and
exercise professional judgment and maintain we are required to draw attention in our Maintenance of Separate Accounts for applied the criteria during the compilation of
professional scepticism throughout the audit. auditors’ report to the related disclosures Different Activities Act (ZPFOLERD-1) and in these statements.
We also: in the financial statements or, if such
disclosures are inadequate, to modify our
- Identify and assess the risks of material opinion. Our conclusions are based on the
misstatement of the financial statements, audit evidence obtained up to the date of
whether due to fraud or error, design and our auditors’ report. However, future
perform audit procedures responsive to events or conditions may cause the
those risks, and obtain audit evidence that Company to cease to continue as a going On behalf of audit firm
is sufficient and appropriate to provide concern;
a basis for our opinion. The risk of not - Evaluate the overall presentation, structure
detecting a material misstatement resulting and content of the financial statements,
from fraud is higher than for one resulting including the disclosures, and whether the KPMG SLOVENIJA,
from error, as fraud may involve collusion, financial statements represent the podjetje za revidiranje, d.o.o.
forgery, intentional omissions, underlying transactions and events in
misrepresentations, or the override of a manner that achieves fair presentation.
internal control;
- Obtain an understanding of internal control We communicate with those charged with Signed on the Slovenian original Signed on the Slovenian original
relevant to the audit in order to design governance regarding, among other matters,
audit procedures that are appropriate in the planned scope and timing of the audit and
the circumstances, but not for the purpose significant audit findings, including any Matej Ušaj Danilo Bukovec
of expressing an opinion on the significant deficiencies in internal control that Certified Auditor Certified Auditor
we identify during our audit.
Director
Ljubljana, 20 May 2021 KPMG Slovenija, d.o.o.
1

The Independent Auditor’s Report is a translation of the original Independent Auditor’s Report in Slovene, issued on the financial The Independent Auditor’s Report is a translation of the original Independent Auditor’s Report in Slovene, issued on the financial
statements and the notes thereto in Slovene. This translation is provided for reference purposes only and is not to be signed. statements and the notes thereto in Slovene. This translation is provided for reference purposes only and is not to be signed.
3 4

106 Integrated Annual Report 2020 Integrated Annual Report 2020 107