2008 Registration Document - Rexel

14. Financial information concerning the assets andliabilities, financial position and profits and lossesof Rexel%Registered officeInterest ControlAustralia (continued)EIW Metro Pty Ltd Perth 100.00 100.00EIW O’Connor Pty Ltd Perth 100.00 100.00EIW Osborne Park Pty Ltd Perth 100.00 100.00EIW Bunbary Pty Ltd Perth 100.00 100.00EIW Geraldton Pty Ltd Perth 100.00 100.00Kalgoorlie Pty Ltd Perth 100.00 100.00Hagemeyer Holdings (Australia) Pty Ltd Kingsgrove 99.13 100.00Hagemeyer Brands Australia Kingsgrove 99.13 100.00New ZealandHagemeyer (NZ) Ltd Auckland 99.13 100.00Redeal Ltd Auckland 100.00 100.00Redeal Pensions Ltd Auckland 100.00 100.0014.1.1.2 Statutory auditors’ general report on the consolidated financial statements of Rexel for the financialyear ended December 31, 2008This is a free translation into English of the statutoryauditors’ report issued in French language and is providedsolely for the convenience of English-speaking users. Thisreport includes information specifically required by Frenchlaw in all audit reports, whether qualified or not, and thisinformation is presented below the opinion on the financialstatement. This information includes an explanatoryparagraph discussing the auditors’ assessments of certainsignificant accounting matters. These assessments wereconsidered for the purpose of issuing an audit opinion onthe consolidated financial statements taken as a whole andnot to provide separate assurance on individual accountcaptions or on information taken outside the consolidatedfinancial statements. The report also includes informationrelating to the specific verification of information in thegroup management’s report.This report should be read in conjunction with and isconstrued in accordance with French law and professionalauditing standards applicable in France.KPMG AuditERNST & YOUNG Audit1, cours Valmy Faubourg de l’Arche92923 Paris-La Défense Cedex 11, allée de l’Arche92037 Paris-La Défense CedexS.A.S. à capital variableCommissaire aux ComptesMembre de la compagnierégionale de VersaillesCommissaire aux ComptesMembre de la compagnierégionale de VersaillesRexel S.A.Year ended December 31, 2008Statutory auditors’ reporton the consolidated financial statementsTo the Shareholders,Following our appointment as statutory auditors by yourannual general meetings and articles of association, wehave hereby report to you, for the year ended December 31,2008 on:− the audit of the accompanying consolidated financialstatements of Rexel;− the justification of our assessments;− the specific verification required by law.These consolidated financial statements have beenapproved by your executive board. Our role is to express anopinion on these financial statements based on our audit.PAGE 214 | REXEL 2008