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Consolidated Financial Statements as of December 31, 2015
Statutory Auditors’ report on the Consolidated Financial Statements
Statutory Auditors’ report on the
5.7
Consolidated Financial Statements
Year-ended December 31, 2015
This is a free translation into English of the Statutory Auditors’ report on the Consolidated Financial Statements issued in French and 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 Consolidated 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 Consolidated Financial Statements taken as a whole and not to provide separate assurance on individual account balances, transactions, or
disclosures.
This report also includes information relating to the specific verification of information given in the Group’s management report.
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 compliance with the assignment entrusted to us by your Shareholders’ Meetings, we hereby report to you, for the year ended December
31,
2015, on:
the audit of the accompanying Consolidated Financial Statements of Carrefour “the Group”;
●
the justification of our assessments;
●
the specific verification required by French law.
●
The Consolidated Financial Statements have been approved by the Board of Directors. Our role is to express an opinion on these Consolidated
Financial Statements based on our audit.
Opinion on the Consolidated Financial Statements
1.
We conducted our audit in accordance with the professional standards applicable in France; those standards require that we plan and perform the
audit to obtain reasonable assurance about whether the Consolidated Financial Statements are free of material misstatement. An audit involves
performing procedures, using sampling techniques or other methods of selection, to obtain audit evidence about the amounts and disclosures in
the Consolidated Financial Statements. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness
of accounting estimates made, as well as the overall presentation of the Consolidated Financial Statements. We believe that the evidence we have
obtained is sufficient and appropriate to provide a basis for our audit opinion.
In our opinion, the Consolidated Financial Statements give a true and fair view of the financial position and the assets and liabilities of the Group as
of December
31, 2015, and of the results of its operations for the year then ended, in accordance with International Financial Reporting Standards
(“IFRS”) as adopted by the European Union.
Justification of our assessments
2.
In accordance with the requirements of Article
L. 823-9 of the French commercial code relating to the justification of our assessments, we bring to
your attention the following matters:
Note
1.3 to the Consolidated Financial Statements states that the Company’s Group’s Management uses estimates and makes assumptions that
may affect the book value of certain assets and liabilities as well as the accompanying notes to the financial statements. Note
1.3 also states that,
depending on the evolutions of those assumptions, the book value of these assets and liabilities in the future financial statements may differ from
the current estimates.
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2015 REGISTRATION DOCUMENT