KB prezent. angl - Komerční banka

Auditors’ Report
for Shareholders of Komerční banka
Deloitte & Touche spol. s r.o.
Týn 641/4
110 00 Prague 1
Czech Republic
Tel.: +420 224 895 500
Fax: +420 224 895 555
DeloitteCZ@deloitteCE.com
www.deloitte.cz
Registered at the Municipal Court
in Prague, Section C, File 24349
IČ: 49620592
DIČ: 001-49620592
Auditors’ Report for Shareholders
of Komerční banka
We have audited the financial statements of Komerční banka, a. s. for the year ended 31 December 2003 on which we issued
our audit reports containing unqualified opinions as follows:
– Unconsolidated financial statements prepared in accordance with the Act on Accounting No. 563/1991 Coll., and applicable
Czech regulations, which are included in this annual report on pages 62 to 110;
– Consolidated financial statements prepared in accordance with International Financial Reporting Standards which are
included in this annual report on pages 115 to 164;
– Unconsolidated financial statements prepared in accordance with International Financial Reporting Standards, from which
the summarised financial statements included in this annual report on pages 111 to 114 were derived;
The summarised unconsolidated financial statements prepared in accordance with International Financial Reporting
Standards included in this annual report were derived from the audited unconsolidated financial statements, on which we
issued unqualified audit opinion dated 18 March 2004. In our opinion, these summarised financial statements are consistent,
in all material respects, with the audited financial statements.
For a better understanding of the financial position of Komerční banka, a.s. and the results of its operations for the period and
of the scope of our audit, the summarised financial statements should be read in conjunction with the consolidated financial
statements from which the summarised financial statements were derived and our audit report thereon.
We have reviewed the factual accuracy of information included in the Report on Relations Among Related Entities included in this
annual report on pages 177 to 180. This report is the responsibility of the Company’s Board of Directors. Based on our review nothing
has come to our attention that indicates that there are material factual inaccuracies in the information contained in the report.
We have also read other financial information included in this annual report for consistency with the audited financial statements.
The responsibility for the completeness and correctness of the annual report rests with the Company’s Board of Directors. In our
opinion, this information is consistent, in all material respects, with the audited financial statements.
Prague, 26 April 2004
Audit firm:
Deloitte & Touche spol. s r. o.
Certificate No. 79
Represented by:
Statutory auditor:
Frederic Maziere
Michal Petrman
with power of attorney Certificate No. 1105
Member of
Deloitte Touche Tohmatsu