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108 2014 Registration Document
Corporate governance
3
Statutory Auditors’ report prepared in accordancewithArticle L.225-235 of the FrenchCommercial Code on the report of theChairman of theBoard of Directors
3.7
Statutory Auditors’ report prepared
in accordance with Article L.225-235
of the French Commercial Code on the report
of the Chairman of the Board of Directors
This is a free translation into English of the statutory auditors’ report on the annual financial statements issued in French and it is provided solely
for the convenience of English-speaking users.
The Statutory Auditors’ report includes information specifically required by French law in such reports, whether modified or not. This information is
presented below the audit opinion on the annual financial statements and includes an explanatory paragraph discussing the Auditors’ assessments
of certain significant accounting and auditing matters. These assessments were considered for the purpose of issuing an audit opinion on the
annual financial statements taken as a whole and not to provide separate assurance on individual account captions or on information taken outside
of the financial statements. This report also includes information relating to specific verifications of information given in the management report and
in the documents addressed to shareholders.
This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.
To the Shareholders,
In our capacity as Statutory Auditors of Carrefour S.A., and in accordance with Article L. 225-235 of the French Commercial Code (“Code de
commerce”), we hereby report on the report prepared by the Chairman of your Company in accordance with Article L. 225-37 of the French
Commercial Code for the year ended December 31, 2014.
It is the Chairman’s responsibility to prepare, and submit to the Board of Directors for approval, a report on the internal control and risk management
procedures implemented by the Company and providing the other disclosures required by Article L. 225-37 of the French Commercial Code,
particularly in terms of the corporate governance measures.
It is our responsibility:
■
to report to you our observations on the information contained in the Chairman’s report regarding the internal control and risk management
procedures relating to the preparation and processing of the accounting and financial information, and
■
to attest that this report contains the other disclosures required by Article L. 225-37 of the French Commercial Code, it being specified that we
are not responsible for verifying the fairness of these disclosures.
We conducted our work in accordance with professional standards applicable in France.
◗
Information on the internal control and risk management procedures relating to the preparation and processing
of accounting and financial information
The professional standards require that we perform the necessary procedures to assess the fairness of the information provided in the Chairman’s
report regarding the internal control and risk management procedures relating to the preparation and processing of the accounting and financial
information. These procedures consist mainly in:
■
obtaining an understanding of the internal control and risk management procedures relating to the preparation and processing of the accounting
and financial information on which the information presented in the Chairman’s report is based and existing documentation;
■
obtaining an understanding of the work involved in the preparation of this information and existing documentation;
■
determining if any material weaknesses in the internal control procedures relating to the preparation and processing of the accounting and financial
information that we may have identified in the course of our engagement are properly disclosed in the Chairman’s report.
On the basis of our work, we have nothing to report on the information regarding the company’s internal control and risk management procedures
relating to the preparation and processing of accounting and financial information contained in the report prepared by the Chairman of the Board,
in accordance with Article L. 225-37 of the French Commercial Code.
◗
Other disclosures
We hereby attest that the report of the Chairman of the Board of Directors includes the other disclosures required by article L. 225-37 of the French
Commercial Code.
The Statutory Auditors
Courbevoie, Paris-La Défense and Neuilly-sur-Seine, April 24, 2015
MAZARS
KPMG Audit
Department of KPMG S.A.
DELOITTE & ASSOCIÉS
Pierre Sardet
Eric Ropert
Patrick-Hubert Petit
Arnaud de Planta