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FINANCIAL REVIEW

(CONTINUED)

REPORT OF THE INDEPENDENT AUDITOR ONTHE

SUMMARISED FINANCIAL STATEMENTS

TOTHE DIRECTORS OF

MULTICHOICE SOUTH AFRICA

HOLDINGS PROPRIETARY LIMITED

OPINION

The summary nancial statements of

MultiChoice South Africa Proprietary Limited, set

out on

pages 75 to 78

of the integrated annual

report, which comprise the summary statement

of nancial position as at 31 March 2017, the

summary statements of comprehensive income,

changes in equity and cash ows for the year

then ended, and related notes, are derived from

the audited nancial statements of Phuthuma

Nathi Investments (RF) Limited for the year

ended 31 March 2017.

In our opinion, the accompanying summary

nancial statements are consistent, in all material

respects, with the audited nancial statements,

in accordance with International Financial

Reporting Standards (IFRS) and the requirements

of the Companies Act of South Africa as

applicable to summary nancial statements.

SUMMARY FINANCIAL

STATEMENTS

The summary nancial 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 nancial

statements. Reading the summary nancial

statements and the auditor’s report thereon,

therefore, is not a substitute for reading the

audited nancial statements and the auditor’s

report thereon.

THE AUDITED FINANCIAL

STATEMENTS AND OUR REPORT

THEREON

We expressed an unmodi ed audit opinion on

the audited nancial statements in our report

dated 9 June 2017.

DIRECTORS’ RESPONSIBILITY FOR

THE SUMMARY FINANCIAL

STATEMENTS

The directors are responsible for the preparation

of the summary nancial statements in

accordance with IFRS and the requirements of

the Companies Act of South Africa as applicable

to summary nancial statements.

MultiChoice South Africa Holdings Proprietary Limited

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Integrated annual report 2017

73

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