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WDP

 

Limited review report on the consolidated half-year financial information for the six-month period ended 30 June 2009

 

To the Board of Directors

 

We have performed a limited review of the accompanying summary of the consolidated balance sheet, summary of the consolidated income statement, summary of the consolidated statement of cash flows, summary of the consolidated statement of changes in shareholders’ equity, condensed statement of comprehensive income and selective notes I to V (jointly the “interim financial information”) of WAREHOUSES DE PAUW Comm. VA (“the company”) and its subsidiaries (jointly “the group”) for the six-month period ended 30 June 2009. The Board of Directors of the company is responsible for the preparation and fair presentation of this interim financial information. Our responsibility is to express a conclusion on this interim financial information based on our review.

 

The interim financial information has been prepared in accordance with IAS 34, “Interim Financial Reporting” as adopted by the EU.

 

Our limited review of the interim financial information was conducted in accordance with the recommended auditing standards on limited reviews applicable in Belgium, as issued by the “Institut des Reviseurs d’Entreprises/Instituut der Bedrijfsrevisoren”. A limited review consists of making inquiries of group management and applying analytical and other review procedures to the interim financial information and underlying financial data. A limited review is substantially less in scope than an audit performed in accordance with the auditing standards on consolidated annual accounts as issued by the “Institut des Reviseurs d’Entreprises/Instituut der Bedrijfsrevisoren”. Accordingly, we do not express an audit opinion.

 

Based on our limited review, nothing has come to our attention that causes us to believe that the interim financial information for the six-month period ended 30 June 2009 has not been prepared, in all material respects, in accordance with IAS 34, “Interim Financial Reporting” as adopted by the EU.

 

 

Diegem, 20 August 2009

 

Deloitte Bedrijfsrevisoren/Reviseurs d'Entreprises

SC s.f.d. SCRL

represented by Rik Neckebroeck

 

The Statutory auditor

 

 

 

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