INTEGRATED ANNUAL REPORT FOR PHUTHUMA NATHI INVESTMENTS (RF) LIMITED

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Phuthuma Nathi Investments (RF) Limited
Integrated annual report 2018 107
Financial review (continued)
Report of the independent auditor on the
summarised financial statements
To the shareholders of Phuthuma
Nathi Investments (RF) Limited
Opinion
The summary financial statements of
Phuthuma Nathi Investments (RF) Limited, set
out on which comprise the
summary statement of financial position as at
31 March 2018, the summary statement of
profit or loss, statement of comprehensive
income, statement of changes in equity and
statement of cash flows for the year then
ended, and related notes, are derived from
the audited financial statements of Phuthuma
Nathi Investments (RF) Limited for the year
ended 31 March 2018.
In our opinion, the accompanying summary
financial statements are consistent, in all
material respects, with the audited financial
statements, in accordance with International
Financial Reporting Standards (IFRS), and the
requirements of the Companies Act of South
Africa as applicable to summary financial
statements.
Summary financial statements
The summary financial statements do not
contain all the disclosures required by
International Financial Reporting Standards
and the requirements of the Companies Act
of South Africa as applicable to annual
financial statements. Reading the summary
financial statements and the auditor’s report
thereon, therefore, is not a substitute for
reading the audited financial statements and
the auditor’s report thereon.
The audited financial statements
and our report thereon
We expressed an unmodified audit opinion on
the audited financial statements in our report
dated 8 June 2018.
Directors’ responsibility for the
summary financial statements
The directors are responsible for the
preparation of the summary financial
statements in accordance with IFRS and the
requirements of the Companies Act of South
Africa as applicable to summary financial
statements.
Auditor’s responsibility
Our responsibility is to express an opinion on
whether the summary financial statements
are consistent, in all material respects, with
the audited financial statements based on
our procedures, which were conducted in
accordance with International Standard on
Auditing (ISA) 810 (Revised), Engagements to
Report on Summary Financial Statements.
PricewaterhouseCoopers Inc.
Director: S N Madikane
Registered auditor
Johannesburg
8 June 2018