for the year ended 30 September 2011
 

Directors’ responsibility statement

 
 

Responsibility for annual financial statements

The directors of Reunert are responsible for the integrity of the annual financial statements of the company and group and the objectivity of other information presented in the annual financial statements.

In order to fulfil this responsibility, the group maintains internal accounting and administrative control systems designed to provide reasonable assurance that assets are safeguarded and transactions are executed and recorded in accordance with the group’s policies and procedures.

In presenting the accompanying annual financial statements, International Financial Reporting Standards have been followed, applicable accounting policies have been used and prudent judgements and estimates have been made. The annual financial statements are examined by our external auditors in conformity with International Standards on Auditing.

An audit committee, consisting of at least three independent, non-executive directors, one of whom acts as chairman, meets at least three times per annum with both the internal and external auditors to ensure that internal financial controls provide reasonable assurance that the group’s assets are safeguarded and that the financial records may be relied upon for the preparation of the financial statements.

In terms of Section 11.26 and Section 7 d.11 of the Listings Requirements of the JSE, the directors, whose names are
given here are not aware of any legal or arbitration proceedings, including proceedings that are pending
or threatened, that may have or have had in the recent past, being at least the previous 12 months, a material effect on
the group’s financial position.

Other than the facts and developments reported on in the integrated report, there have been no material changes in the affairs or financial position of Reunert and its subsidiaries since the date of this report.

The annual financial statements appearing here were approved by the board of directors on 14 November 2011 and are signed on its behalf by:

 

Trevor Munday David Rawlinson
Chairman Chief executive