SENWES ANNUAL FINANCIAL STATEMENTS 2022
Independent Auditor ’ s Report
• Evaluate the overall presentation , structure and content of the consolidated and separate financial statements , including the disclosures , and whether the consolidated and separate financial statements represent the underlying transactions and events in a manner that achieves fair presentation .
• Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the group to express an opinion on the consolidated and separate financial statements . We are responsible for the direction , supervision and performance of the group audit . We remain solely responsible for our audit opinion .
We communicate with the directors regarding , among other matters , the planned scope and timing of the audit and significant audit findings , including any significant deficiencies in internal control that we identify during our audit .
We also provide the directors with a statement that we have complied with relevant ethical requirements regarding independence , and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence , and where applicable , actions taken to eliminate threats or safeguards applied .
From the matters communicated with the directors , we determine those matters that were of most significance in the audit of the consolidated and separate financial statements of the current period and are therefore the key audit matters . We describe these matters in our auditor ’ s report unless law or regulation precludes public disclosure about the matter or when , in extremely rare circumstances , we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication .
Report on Other Legal and Regulatory Requirements In terms of the IRBA Rule published in Government Gazette Number 39475 dated 4 December 2015 , we report that Ernst & Young Inc . has been the auditor of Senwes Limited for 19 years .
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Ernst & Young Inc . Director – Derek Engelbrecht Registered Auditor Chartered Accountant ( SA ) 13 July 2022
A member firm of Ernst & Young Global Limited . A full list of Directors is available at http :// www . ey . com / za / en / home / contact-us _ sa-directors Chief Executive : Ajen Sita
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