ANNUAL REPORT 2016
Report on other legal and regulatory requirements
Director’s report
In compliance with paragraph 3 e) of article No. 451 of the Portuguese Company Law, it is our understanding that
the Director’s report has been prepared in accordance with applicable requirements of the law and regulation, that
the information included in the Directors’ report is consistent with the audited consolidated financial statements
and, taking into account the knowledge and assessment about the Group, no material misstatements were identified.
Corporate governance report
In compliance with paragraph 4 of article No. 451 of the Portuguese Company Law, it is our understanding that the
Corporate governance report includes the information required under article No. 245-A of the Portuguese Securities
Market Code, that no material misstatements were identified in the information disclosed in this report and that it
complies with paragraphs c), d), f), h), i) and m) of that article.
Additional information required in article No. 10 of the Regulation (EU) 537/2014
In accordance with article No. 10 of Regulation (EU) 537/2014 of the European Parliament and of the Council, of
April 16, 2014, and in addition to the key audit matters referred to above, we also provide the following information:
a) We were first appointed auditors of Ibersol, S.G.P.S., S.A. in the Shareholders’ General Meeting of 13 April 2004
till end of the period 2001 to 2004, having remained in functions until the current period. Our last appointment was
in the Shareholders’ General Meeting of May 6th 2013 for the period from 2013 to 2016.
b) The management has confirmed to us it has no knowledge of any allegation of fraud or suspicions of fraud with
material effect in the financial statements. We have maintained professional scepticism throughout the audit and
determined overall responses to address the risk of material misstatement due to fraud in the consolidated financial
statements. Based on the work performed, we have not identified any material misstatement in the consolidated
financial statements due to fraud.
c) We confirm that our audit opinion is consistent with the additional report that was prepared by us and issued to
the Group’s supervisory board as of 28 April 2017.
Statutory Audit Report
December 31st 2016
Ibersol, S.G.P.S., S.A.
PwC 6 of 7
283
