2010 REGISTRATION DOCUMENT (3.4 Mo) - Groupe Casino

5CORPORATE GOVERNANCEStatutory Auditors’ Report5.5. STATUTORY AUDITORS’ REPORTprepared in accordance with article L. 225-235 of the French CommercialCode (Code de commerce), on the report prepared by the Chairmanof the Board of DirectorsThis is a free translation into English of a report issued in the French language and is provided solely for the convenience of English-speakingreaders. This report should be read in conjunction with and construed in accordance with French law and professional auditing standardsapplicable in France.In our capacity as Statutory Auditors of Casino, Guichard-Perrachonand in accordance with article L. 225-235 of the French CommercialCode (Code de commerce), we hereby report on the report preparedby the Chairman of your company in accordance with article L. 225-37of the French Commercial Code (Code de commerce) for the yearended 31 December 2010.It is the Chairman’s responsibility to prepare and submit for the Boardof Directors’ approval a report on internal control and risk managementprocedures implemented by the company and to provide the otherinformation required by article L. 225-37 of the French CommercialCode (Code de commerce) relating to matters such as corporategovernance.Our role is to:■■report on the information contained in the Chairman’s report inrespect of the internal control and risk management proceduresrelating to the preparation and processing of the accounting andfinancial information; andconfirm that the report also includes the other information requiredby article L. 225-37 of the French Commercial Code (Code decommerce). It should be noted that our role is not to verify thefairness of this other information.We conducted our work in accordance with professional standardsapplicable in France.Information on internal control and riskmanagement procedures relating to thepreparation and processing of accountingand financial informationThe professional standards require that we perform the necessaryprocedures to assess the fairness of the information provided inthe chairman’s report in respect of the internal control and riskmanagement procedures relating to the preparation and processingof the accounting and financial information. These procedures consistmainly in:■■■obtaining an understanding of the internal control and riskmanagement procedures relating to the preparation and processingof the accounting and financial information on which the informationpresented in the chairman’s report is based and of the existingdocumentation;obtaining an understanding of the work involved in the preparationof this information and of the existing documentation;determining if any material weaknesses in the internal controlprocedures relating to the preparation and processing of theaccounting and financial information that we may have noted inthe course of our work are properly disclosed in the Chairman’sreport.On the basis of our work, we have nothing to report on the informationin respect of the company's internal control procedures relatingto the preparation and processing of the accounting and financialinformation contained in the report prepared by the Chairman of theBoard of Directors in accordance with article L. 225-37 of the FrenchCommercial Code (Code de Commerce).Other informationWe confirm that the report prepared by the Chairman of the Boardof Directors also contains the other information required by articleL. 225-37 of the French Commercial Code (Code de commerce).Neuilly-sur-Seine and Lyon, 11 March 2011The Statutory AuditorsDeloitte & AssociésErnst & Young et AutresAntoine de Riedmatten Alain Descoins Sylvain Lauria Daniel Mary-Dauphin192 Casino Group | Registration Document 2010