• Ingen resultater fundet

Statement by the Board of trustees and executive Board

In document 43888100 table of Contents (Sider 112-115)

institution and an Approved Techno-logical Service Institute.

In our opinion, the consolidated financial statements and the Insti-tute’s financial statements give a true and fair view of the Group’s and the Institute’s assets, liabilities and financial position at 31 December 2010 as well as the results of the Group’s and the Institute’s

opera-tions and the Group’s cash flows for the financial year ended 31 Decem-ber 2010.

We also believe that the manage-ment’s review provides a fair and accurate report on developments in the operations and finances, net profit for the year of the Group and the Institute and of the financial po-sition of the Group and the Institute.

The Board of Trustees and the Ex-ecutive Board have today considered and approved the Annual Report of the Danish Technological Institute for 2010.

The Annual Report is presented in conformity with the Danish Financial Statements Act and the adjustments resulting from the Danish Technolog-ical Institute being an independent

Taastrup, 10 February 2011

executive Board

Søren Stjernqvist

President

Board of trustees

Clas nylandsted Andersen, Chairman lars Aagaard, Deputy Chairman Jan Helbo

niels-Erik lundvig Gunde Odgaard Jens nørgaard Oddershede

Jørgen Elikofer Søren F. Eriksen Carsten Christiansen

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Financial Statements > 2010

Independent auditors’ report

The Auditor has attached the following audit report to the consolidated financial statements.

Responsibility of the auditors and basis of opinion

Our responsibility is to express an opinion on the consolidated financial statements and the Parent Company’s financial statements based on our audit. We conducted our audit in accordance with Danish auditing stan-dards and generally accepted auditing practices; cf. the audit instructions of Guidelines for Approved Technologi-cal Service in Denmark 2005. These standards require that we comply with ethical standards and plan and perform our audit to obtain reasona-ble assurance that the consolidated financial statements and the Parent Company’s financial statements are free of material misstatement.

An audit comprises procedures to ob-tain audit evidence of the amounts and disclosures stated in the consolidated financial statements and the Parent Company’s financial statements. The procedures chosen depend on the auditors’ assessment, including an assessment of the risk of material mis-statement in the consolidated financial statements and the Parent Company’s financial statements, regardless of whether such misstatement is the result of fraud or error. In the risk assessment, the auditors consider internal controls of relevance to the In-stitute’s preparation and presentation of consolidated financial statements and Parent Company’s financial state-ments which give a true and fair view for the purpose of establishing audit procedures that are appropriate under the circumstances, but not for the pur-pose of expressing an opinion on the effectiveness of the Institute’s internal controls. An audit also includes asses-sing whether the accounting policies applied by management are appropri-ate, assessing whether the accounting estimates made by management are reasonable and assessing the

over-all presentation of the consolidated financial statements and the Parent Company’s financial statements.

In our opinion, the audit evidence obtained provides a reasonable and suitable basis for our opinion.

Our audit has not resulted in any qualification.

opinion

In our opinion, the consolidated financial statements and the Parent Company’s financial statements give a true and fair view of the Group’s and the Danish Technological Institute’s as-sets, liabilities and financial position at 31 December 2010 and of the results of the Group’s and the Danish Techno-logical Institute’s operations and cash flows for the financial year ended 31 December 2010 in conformity with the Danish Financial Statements Act.

Statement on the management’s review

Pursuant to the Danish Financial State-ments Act, we have read the manage-ment’s review. We have not performed any other procedures in addition to the audit of the consolidated financial statements and the Parent Company’s financial statements. On this basis, it is our opinion that the information given in the management’s review is consi-stent with the consolidated financial statements and the Parent Company’s financial statements.

Copenhagen, 10 February 2011

KPMG

Statsautoriseret Revisionspartnerselskab

Finn l. Meyer

State-authorised Public Accountant

Carsten Strunk

State-authorised Public Accountant to the Danish technological

Institute and users of financial statements

We have audited the consolidated financial statements and the Parent Company’s financial statements of the Danish Technological Institute for the financial year ended 31 December 2010 on pages 104-111. The conso-lidated financial statements and the Parent Company’s financial statements of the Danish Technological Institute comprise the accounting policies, income statement, balance sheet, cash flow statement and notes. The conso-lidated financial statements and the Parent Company’s financial statements are prepared in compliance with the Danish Financial Statements Act.

In connection with our audit, we have read the management’s review, pre-pared in compliance with the Danish Financial Statements Act, and issued a statement in this regard.

Responsibility of management for the Annual Report

Management is responsible for prepa-ring and presenting consolidated finan-cial statements and Parent Company financial statements which give a true and fair view in conformity with the provisions of the Danish Financial Statements Act. This responsibility includes establishing, implementing and maintaining internal controls of relevance to the preparation and presentation of consolidated financial statements and Parent Company’s financial statements which give a true and fair view and are free of material misstatement, regardless of whether such misstatement is the result of fraud or error, and choosing and applying appropriate accounting policies and making accounting estimates which are reasonable under the circumstances.

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Management > 2010

Director

Clas nylandsted Andersen (Chairman)

nielsen & nielsen Holding A/S Partner, Director

Jørgen Elikofer Elikofer & Co.

Technical Director Søren F. Eriksen Danish Crown AmbA Managing Director niels-Erik lundvig Q-Transportmateriel A/S Vice-Chancellor

Jens Oddershede

university of Southern Denmark Head of Secretariat

Gunde Odgaard Federation of Building,

Construction and Wood-workers’

unions CEO

lars Aagaard (Deputy Chairman) Danish Energy Association Sales Consultant

Carsten Christiansen Employee Representative Senior Consultant Jan Helbo

Employee Representative

In document 43888100 table of Contents (Sider 112-115)