Annual report - HSE

5.2 Statement of management’s responsibility
The Managing Director is responsible for preparation of consolidated financial statements
for each financial year in accordance with applicable legislation and the International
Financial Reporting Standards (“IFRS”) as adopted by the EU in a manner that they give a
true and fair view of the financial position of the HSE Group.
The Managing Director reasonably expects that in the foreseeable future the HSE Group
will have sufficient assets to continue its operations; therefore, the consolidated financial
statements are prepared on a going concern basis.
The responsibility of Managing Director in preparation of consolidated financial statements
includes the following:
• accounting policies are appropriately selected and consistently used;
• judgements and assessments are reasonable and wise;
• consolidated financial statements are prepared in accordance with IFRS as adopted by
the EU.
The Managing Director confirms that the consolidated financial statements are prepared in
accordance with the provisions of IFRS without reservation when used.
As at 28 June 2013, the Managing Director adopted the consolidated financial statements
of the HSE Group for the financial year ended 31 December 2012.
Ljubljana, 28 June 2013
Blaž Košorok
Managing Director HSE, d.o.o.
5 Financial Report of HSE Group
Annual Report HSE 2012
162